5 Double Bed HMO

Recreation Drive Nottingham, NG20

REF 763

  • INVESTMENT

    £215,000

  • GROSS YIELD

    11.49%

  • ANNUAL RENT

    £24,696

AgentHMO default property
Sold
  • INVESTMENT

    £215,000

  • GROSS YIELD

    11.49%

  • ANNUAL RENT

    £24,696

  • REF

    763

DESCRIPTION

Back to menu

Features

Back to menu

FINANCIALS

  • Investment £215,000
  • Gross Annual Rent £24,696
  • Gross Monthly Rent £2,058
  • Gross Yield 11.49%
  • Net Monthly Rent £1,597
  • Net Yield 8.91%
  • Min 25% Deposit Requirement £53,750
  • Monthly Mortgage Payment* £336
  • Monthly Cashflow £1,261

*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 £215,000.

Back to menu

Property

  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 47E
  • Size 1011 ft²
  • Listed Building No
  • Kitchens 1
  • Double 4
  • Reception Rooms 1
  • Double Ensuite 1
  • Shared Bathrooms 1
  • Seperate WCs 1
  • Property Type House
  • Double Glazing Full
  • Sub Type End of Terrace
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 47E
  • Size 1011 ft²
  • Listed Building No
  • Kitchens 1
  • Double 4
  • Reception Rooms 1
  • Double Ensuite 1
  • Shared Bathrooms 1
  • Seperate WCs 1
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
  • No. of Tenants
  • 5
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 5
  • Unit 1
  • £2058
  • Total £2058
Back to menu

Costs

  • Gas £65
  • Water £20
  • Wifi £48
  • Electric £135
  • Cleaner £30
  • TV Licence
  • Insurance £23
  • Council Tax £140
  • Gas £65
  • Water £20
  • Wifi £48
  • Electric £135
  • Cleaner £30
  • TV Licence
  • Insurance £23
  • Council Tax £140
  • Total £461
Back to menu

LICENSING

  • HMO License Required Yes
  • HMO License Required Yes
Back to menu

Management

Back to menu

FLOOR PLAN

Back to menu

LOCATION

Mansfield, NG20, 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