Newly Refurbed 6 Bed HMO

Oxford Street St. Helens, WA10

REF 747

  • INVESTMENT

    £220,000

  • GROSS YIELD

    12.21%

  • ANNUAL RENT

    £26,856

AgentHMO default property
Coming Soon
  • INVESTMENT

    £220,000

  • GROSS YIELD

    12.21%

  • ANNUAL RENT

    £26,856

  • REF

    747

DESCRIPTION

This is an incredible opportunity to purchase a ready made, newly refurbed 6 bed HMO.

This property has been refurbished to a very high standard throughout, currently fully tenanted and has a managing agent in place.

This property offers high returns of 12% yield and £27k per year.

Back to menu

Features

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Good Transport Links
Back to menu

FINANCIALS

  • Investment £220,000
  • Gross Annual Rent £26,856
  • Gross Monthly Rent £2,238
  • Gross Yield 12.21%
  • Net Monthly Rent £1,819
  • Net Yield 9.92%
  • Min 25% Deposit Requirement £55,000
  • Monthly Mortgage Payment* £344
  • Monthly Cashflow £1,475

*Based on 75% LTV 2.5% APR. Note. Always speak to a qualified HMO mortgage broker for an accurate quote. These rates are an example of the potential % APR rates only. Visit theHMOmortgagebroker.co.uk to find out the latest HMO mortgage rates.

Back to menu

Fees

  • Buyers Fee £0

The fee charged to the buyer in addition to the purchase price.

  • Reservation Deposit £2,000

The deposit amount to secure the HMO opportunity. This is fully refundable in accordance with the terms & conditions (see FAQs) and is deducted from the purchasre price upon completion. In the case of this property, the reservation deposit is £2000 then the balance due on completion is £218,000.

Back to menu

Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Leasehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 74C
  • Size 1377 ft²
  • Listed Building No
  • Kitchens 1
  • Double 6
  • Shared Bathrooms 2
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Leasehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 74C
  • Size 1377 ft²
  • Listed Building No
  • Kitchens 1
  • Double 6
  • Shared Bathrooms 2
Back to menu

Photos

Back to menu

VIRTUAL TOUR

Use the most immersive way to experience a property online. Take a virtual tour.

Use the most immersive way to experience a property online. Take a virtual tour.

Back to menu

Rental

  • Tenant Type
  • Professional
  • 12 Month Occupancy
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 6
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 6
  • Unit 1
  • £385
  • Let
  • Double Room
  • Unit 2
  • £368
  • Let
  • Double Room
  • Unit 3
  • £342
  • Let
  • Double Room
  • Unit 4
  • £368
  • Let
  • Double Room
  • Unit 5
  • £385
  • Let
  • Double Room
  • Unit 6
  • £390
  • Let
  • Double Room
  • Total £2238
Back to menu

Costs

  • Gas £75
  • Water £36
  • Wifi £22
  • Electric £75
  • Cleaner £55
  • TV Licence £13
  • Insurance £25
  • Council Tax £118
  • Gas £75
  • Water £36
  • Wifi £22
  • Electric £75
  • Cleaner £55
  • TV Licence £13
  • Insurance £25
  • Council Tax £118
  • Total £419
Back to menu

LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2022-03-04
  • HMO License in Place Yes
  • No of Persons 6
  • HMO Licensing Cost £200
  • Units of Accomodation 6
  • HMO License Required Yes
  • HMO License Expiry 2022-03-04
  • HMO License in Place Yes
  • No of Persons 6
  • HMO Licensing Cost £200
  • Units of Accomodation 6
Back to menu

Management

  • Type Local Agent
  • Management Rate 10%
  • Monthly Management £224

Back to menu

FLOOR PLAN

Back to menu

LOCATION

Oxford Street, Saint Helens, WA10 2BX, United Kingdom

Back to menu

BROCHURE

Download the investment brochure
Back to menu
Coming Soon. We are currently in the process of on boarding this HMO opportunity. See Ts & Cs.
REGISTER YOUR INTEREST