Incredible 12 Bed All Ensuite HMO

Lion Street, Kidderminster, DY10

REF 915

  • INVESTMENT

    £500,000

  • GROSS YIELD

    12.36%

  • ANNUAL RENT

    £61,800

AgentHMO default property
Sold
  • INVESTMENT

    £500,000

  • GROSS YIELD

    12.36%

  • ANNUAL RENT

    £61,800

  • REF

    915

DESCRIPTION

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Features

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FINANCIALS

  • Investment £500,000
  • Gross Annual Rent £61,800
  • Gross Monthly Rent £5,150
  • Gross Yield 12.36%
  • Net Monthly Rent £4,567
  • Net Yield 10.96%
  • Min 25% Deposit Requirement £125,000
  • Monthly Mortgage Payment* £781
  • Monthly Cashflow £3,786

*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 £500,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 2
  • Reception Rooms 1
  • Ensuite Bathrooms 12
  • Studio 12
  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden None
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 2
  • Kitchenettes 12
  • Reception Rooms 1
  • Ensuite Bathrooms 12
  • Studio 12
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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
  • 12
  • Tenant Type
  • Professional
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 12
  • Unit 1
  • £450
  • Unit 2
  • £440
  • Unit 3
  • £300
  • Unit 4
  • £400
  • Unit 5
  • £400
  • Unit 6
  • £440
  • Unit 7
  • £400
  • Unit 8
  • £435
  • Unit 9
  • £480
  • Unit 10
  • £450
  • Unit 11
  • £520
  • Unit 12
  • £435
  • Total £5150
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Costs

  • Gas £200
  • Water £120
  • Wifi
  • Electric £200
  • Cleaner
  • TV Licence
  • Insurance £63
  • Council Tax
  • Gas £200
  • Water £120
  • Wifi
  • Electric £200
  • Cleaner
  • TV Licence
  • Insurance £63
  • Council Tax
  • Total £583
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LICENSING

Management

  • Type Local Agent
  • Management Rate 15%
  • Monthly Management £773

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FLOOR PLAN

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LOCATION

Lion Street, Kidderminster, DY10 1PT, United Kingdom

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BROCHURE

Download the investment 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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