2 Self Contained Flats - Fully Let - HMO Licence

Wellington Road Rhyl LL18

REF 874

  • INVESTMENT

    £160,000

  • GROSS YIELD

    6.83%

  • ANNUAL RENT

    £10,920

AgentHMO default property
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  • INVESTMENT

    £160,000

  • GROSS YIELD

    6.83%

  • ANNUAL RENT

    £10,920

  • REF

    874

DESCRIPTION

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Features

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FINANCIALS

  • Investment £160,000
  • Gross Annual Rent £10,920
  • Gross Monthly Rent £910
  • Gross Yield 6.83%
  • Net Monthly Rent £860
  • Net Yield 6.45%
  • Min 25% Deposit Requirement £40,000
  • Monthly Mortgage Payment* £250
  • Monthly Cashflow £610

*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 £160,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size 1291 ft²
  • Listed Building No
  • 1 Bed Flat 1
  • 2 Bed Flat 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size 1291 ft²
  • Listed Building No
  • 1 Bed Flat 1
  • 2 Bed Flat 1
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Photos

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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
  • Occupancy
  • Tenancy Type
  • No. of Tenants
  • 2
  • Tenant Type
  • Professional
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 2
  • Unit 1
  • £430
  • 1 Bed Flat
  • Unit 2
  • £480
  • 2 Bed Flat
  • Total £910
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Costs

  • Gas
  • Water £50
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Gas
  • Water £50
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance
  • Council Tax
  • Total £50
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LICENSING

  • HMO License Required Yes
  • HMO License Required Yes
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Management

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FLOOR PLAN

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LOCATION

Wellington Road, Rhyl, LL18 1LL, United Kingdom

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BROCHURE

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Coming Soon. We are currently in the process of on boarding this HMO opportunity. See Ts & Cs.
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