Incredible 6 Bed HMO
Grimsby Road Cleethorpes, DN35
REF 775
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INVESTMENT
£150,000
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GROSS YIELD
15.6%
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ANNUAL RENT
£23,400
Sold
REF 775
INVESTMENT
£150,000
GROSS YIELD
15.6%
ANNUAL RENT
£23,400
This is a fantastic opportunity for new and experienced landlords alike, this is a 6 bed HMO in good condition and is currently fully let.
The property has 5 double bedrooms, 1 single bedroom, kitchen, 2 bathrooms and a separate toilet.
Great opportunity to purchase your first HMO property with a smaller investment. There is a managing agent in place, making it a great hands off choice, and the property is currently has an impressive 15.6% gross yield!
*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 £150,000.
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