Epic 10 Bed Professional HMO For Sale | Agent HMO

Epic 10 Bed Professional HMO

Upper Tything Worcester, WR1

REF 768

  • INVESTMENT

    £750,000

  • GROSS YIELD

    10.02%

  • ANNUAL RENT

    £75,120

Epic 10 Bed Professional HMO For Sale
For Sale
  • INVESTMENT

    £750,000

  • GROSS YIELD

    10.02%

  • ANNUAL RENT

    £75,120

  • REF

    768

DESCRIPTION

This is an incredible opportunity to purchase a ready made 10 double bed all ensuite 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 9% yield and £67k per year.

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Features

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Good Transport Links
  • Fully Managed
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FINANCIALS

  • Investment £750,000
  • Gross Annual Rent £75,120
  • Gross Monthly Rent £6,260
  • Gross Yield 10.02%
  • Net Monthly Rent £5,550
  • Net Yield 8.88%
  • Min 25% Deposit Requirement £187,500
  • Monthly Mortgage Payment* £1,172
  • Monthly Cashflow £4,378

*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 £750,000.

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Property

  • Property Type Freehold Block
  • Double Glazing Part
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Double Ensuite 10
  • Ensuite Bathrooms 10
  • Property Type Freehold Block
  • Double Glazing Part
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Double Ensuite 10
  • Ensuite Bathrooms 10
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Photos

Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
Epic 10 Bed Professional HMO For Sale
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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.

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Rental

  • Tenant Type
  • Professional
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 10
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 10
  • Unit 1
  • £625
  • Let
  • Shop (Retail)
  • Unit 2
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 3
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 4
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £595
  • Let
  • Double Room / Ensuite
  • Unit 6
  • £595
  • Let
  • Double Room / Ensuite
  • Unit 7
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 8
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 9
  • £550
  • Let
  • Double Room / Ensuite
  • Unit 10
  • £595
  • Let
  • Double Room / Ensuite
  • Unit 11
  • £550
  • Double Room / Ensuite
  • Total £6260
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Costs

  • Gas £225
  • Water £55
  • Wifi £33
  • Electric £200
  • Cleaner
  • TV Licence
  • Insurance £76
  • Council Tax £121
  • Gas £225
  • Water £55
  • Wifi £33
  • Electric £200
  • Cleaner
  • TV Licence
  • Insurance £76
  • Council Tax £121
  • Total £710
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2024-06-06
  • HMO License in Place Yes
  • No of Persons 10
  • HMO Licensing Cost £1000
  • Units of Accomodation 10
  • Licensing Authority Worcester City Council
  • HMO License Required Yes
  • HMO License Expiry 2024-06-06
  • HMO License in Place Yes
  • No of Persons 10
  • HMO Licensing Cost £1000
  • Units of Accomodation 10
  • Licensing Authority Worcester City Council
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Management

  • Type Local Agent

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FLOOR PLAN

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LOCATION

Upper Tything, Worcester, WR1 1JZ, United Kingdom

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BROCHURE

Download the investment brochure
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To find out more or arrange a viewing regarding this HMO opportunity, feel free to get in touch.
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