3 Bed

Abingdon road, Middlesborough, TS1

REF 840

  • INVESTMENT

    £100,000

  • GROSS YIELD

    13.2%

  • ANNUAL RENT

    £13,200

AgentHMO default property
Sold
  • INVESTMENT

    £100,000

  • GROSS YIELD

    13.2%

  • ANNUAL RENT

    £13,200

  • REF

    840

DESCRIPTION

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Features

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FINANCIALS

  • Investment £100,000
  • Gross Annual Rent £13,200
  • Gross Monthly Rent £1,100
  • Gross Yield 13.2%
  • Net Monthly Rent £1,086
  • Net Yield 13.03%
  • Min 25% Deposit Requirement £25,000
  • Monthly Mortgage Payment* £156
  • Monthly Cashflow £930

*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 £100,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Average
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 54E
  • Size 1011 ft²
  • Listed Building No
  • Single 1
  • Kitchens 1
  • Double 1
  • Reception Rooms 1
  • Shared Bathrooms 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Average
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating 54E
  • Size 1011 ft²
  • Listed Building No
  • Single 1
  • Kitchens 1
  • Double 1
  • Reception Rooms 1
  • Shared Bathrooms 1
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Photos

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VIRTUAL TOUR

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Rental

  • Tenant Type
  • Professional
  • 12 Month Occupancy
  • Occupancy
  • Tenancy Type
  • No. of Tenants
  • 3
  • Tenant Type
  • Professional
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 3
  • Unit 1
  • £450
  • Single Room
  • Unit 2
  • £650
  • Double Room
  • Total £1100
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Costs

  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance £14
  • Council Tax
  • Gas
  • Water
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance £14
  • Council Tax
  • Total £14
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LICENSING

  • HMO License Required No
  • HMO License Required No
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Management

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FLOOR PLAN

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LOCATION

Abingdon Road, Middlesbrough, TS1 3JS, United Kingdom

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BROCHURE

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This property is now Sold. For more like it you can leave your details and we will be in touch to discuss.
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