This is a fantastic opportunity for a first time landlord to add a HMO to their portfolio.
With being a three bed HMO there is no licence required which makes this property very easy to manage.
This property has also had very settled tenants with two being there since 2014. It has two bedrooms and a bathroom upstairs with one bedroom and a large shared kitchen diner downstairs.
Offering an impressive 11.9% gross yield this property will not be on the market for long!
This is a leasehold property which currently has 879 years left on the lease.
*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.
The fee charged to the buyer in addition to the purchase price.
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 £118,000.
Elite Property Lettings
Saint Huberts Road, Great Harwood, Blackburn, BB6 7AR, United Kingdom