Epic 10 Bed HMO Property

Brookfield Avenue Salford, M6

REF 748

  • INVESTMENT

    £220,000

  • GROSS YIELD

    9.76%

  • ANNUAL RENT

    £21,480

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Epic 10 Bed HMO Property For Sale
Sold

  • INVESTMENT

    £220,000

  • GROSS YIELD

    9.76%

  • ANNUAL RENT

    £21,480

  • REF

    748

SOLD DETAILS

DESCRIPTION

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Features

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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.

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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.

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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
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Photos

Epic 10 Bed HMO Property For Sale
Epic 10 Bed HMO Property For Sale
Epic 10 Bed HMO Property For Sale
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VIRTUAL TOUR

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

VIRTUAL TOUR NOT AVAILABLE

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

VIRTUAL TOUR NOT AVAILABLE
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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
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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
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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
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Management

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FLOOR PLAN

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LOCATION

Brookfield Avenue, Salford, M6 8EW, United Kingdom

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BROCHURE

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