This is fantastic opportunity to buy a ready made, newly refurbed, cash flowing 6 bed HMO with a managing agent in place.
This is a semi detached three storey property with front and rear gardens and 7 off road parking spaces. This property has been refurbished to a high standard throughout, it has 5 double rooms, 1 double en-suite room, kitchen, reception and three shared bathrooms.
Currently fully let and with a HMO licence in place this property achieves £26,808 per annum which gives a very healthy 12.7% 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 £210,000.
Hessle Road, Hull, HU3 3AD, United Kingdom