Epic 10 Bed HMO Property

Brookfield Avenue Salford, M6

REF 748

  • INVESTMENT

    £220,000

  • GROSS YIELD

    9.76%

  • ANNUAL RENT

    £21,480

Epic 10 Bed HMO Property For Sale
Sold
  • INVESTMENT

    £220,000

  • GROSS YIELD

    9.76%

  • ANNUAL RENT

    £21,480

  • REF

    748

DESCRIPTION

Back to menu

Features

Back to menu

FINANCIALS

  • Investment £220,000
  • Gross Annual Rent £21,480
  • Gross Monthly Rent £1,790
  • Gross Yield 9.76%
  • Net Monthly Rent £1,474
  • Net Yield 8.04%
  • Min 25% Deposit Requirement £55,000
  • Monthly Mortgage Payment* £688
  • Monthly Cashflow £787

*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 --

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 -- then the balance due on completion is £220,000.

Back to menu

Property

  • Property Type House
  • Double Glazing
  • Sub Type
  • Garage
  • Tenure Freehold
  • Garden
  • Construction
  • Parking
  • Condition
  • No Parking Spaces
  • Heating
  • EPC Rating 71C
  • Size 1151 ft²
  • Listed Building
  • Kitchens 1
  • Double 4
  • Reception Rooms 1
  • Shared Bathrooms 2
  • Property Type House
  • Double Glazing
  • Sub Type
  • Garage
  • Tenure Freehold
  • Garden
  • Construction
  • Parking
  • Condition
  • No Parking Spaces
  • Heating
  • EPC Rating 71C
  • Size 1151 ft²
  • Listed Building
  • Kitchens 1
  • Kitchenettes 4
  • Double 4
  • Reception Rooms 1
  • Shared Bathrooms 2
Back to menu

Photos

Epic 10 Bed HMO Property For Sale
Epic 10 Bed HMO Property For Sale
Epic 10 Bed HMO Property For Sale
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
  • Tenancy Type
  • No. of Tenants
  • 10
  • Tenant Type
  • Professional
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 10
  • Unit 1
  • £435
  • Double Room
  • Unit 2
  • £475
  • Double Room
  • Unit 3
  • £430
  • Double Room
  • Unit 4
  • £450
  • Double Room
  • Total £1790
Back to menu

Costs

  • Gas £53
  • Water £50
  • Wifi £30
  • Electric £53
  • Cleaner
  • TV Licence £13
  • Insurance £20
  • Council Tax £97
  • Gas £53
  • Water £50
  • Wifi £30
  • Electric £53
  • Cleaner
  • TV Licence £13
  • Insurance £20
  • Council Tax £97
  • Total £316
Back to menu

LICENSING

  • HMO License Required No
  • HMO License in Place No
  • Planning Use Class C3
  • HMO License Required No
  • HMO License in Place No
  • Planning Use Class C3
Back to menu

Management

Back to menu

FLOOR PLAN

Back to menu

LOCATION

Brookfield Avenue, Salford, M6 8EW, United Kingdom

Back to menu

BROCHURE

Download the investment brochure
Back to menu
This property is now Sold. For more like it you can leave your details and we will be in touch to discuss.
REQUEST FULL DETAILS