If rented at market rates for 3 bed flat £36000pa 36% growth potential
Market rate on Room basis £600Pm x 3 x12 = 43200pa
Triple Extension potential £600pm x 3 x 12= 43200pa
Total potential £86,400papotential growth current rent 243%
*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 -- then the balance due on completion is £0.