Incredible 6 Bed HMO - Potential to add value! For Sale | Agent HMO

Incredible 6 Bed HMO - Potential to add value!

Fareham Road, Gosport, PO13 0AD

REF 921

  • INVESTMENT

    £475,000

  • GROSS YIELD

    7.67%

  • ANNUAL RENT

    £36,456

Incredible 6 Bed HMO - Potential to add value! For Sale
Sold
  • INVESTMENT

    £475,000

  • GROSS YIELD

    7.67%

  • ANNUAL RENT

    £36,456

  • REF

    921

DESCRIPTION

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Features

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FINANCIALS

  • Investment £475,000
  • Gross Annual Rent £36,456
  • Gross Monthly Rent £3,038
  • Gross Yield 7.67%
  • Net Monthly Rent £2,403
  • Net Yield 6.07%
  • Min 25% Deposit Requirement £118,750
  • Monthly Mortgage Payment* £742
  • Monthly Cashflow £1,661

*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 £475,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Detached
  • Garage Double
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 8
  • Heating Gas Central Heating
  • EPC Rating 70C
  • Size 1797 ft²
  • Listed Building No
  • Kitchens 1
  • Double 5
  • Reception Rooms 1
  • Double Ensuite 1
  • Ensuite Bathrooms 1
  • Shared Bathrooms 2
  • Property Type House
  • Double Glazing Full
  • Sub Type Detached
  • Garage Double
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Good
  • No Parking Spaces 8
  • Heating Gas Central Heating
  • EPC Rating 70C
  • Size 1797 ft²
  • Listed Building No
  • Kitchens 1
  • Double 5
  • Reception Rooms 1
  • Double Ensuite 1
  • Ensuite Bathrooms 1
  • Shared Bathrooms 2
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Photos

Incredible 6 Bed HMO - Potential to add value! For Sale
Incredible 6 Bed HMO - Potential to add value! For Sale
Incredible 6 Bed HMO - Potential to add value! For Sale
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VIRTUAL TOUR

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Use the most immersive way to experience a property online. Take a virtual tour.

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Rental

  • Tenant Type
  • Working
  • 12 Month Occupancy
  • Occupancy
  • Fully Let
  • Tenancy Type
  • No. of Tenants
  • 5
  • Tenant Type
  • Working
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 5
  • Unit 1
  • £476
  • Let
  • Double Room
  • Unit 2
  • £476
  • Let
  • Double Room
  • Unit 3
  • £435
  • Let
  • Double Room
  • Unit 4
  • £650
  • Let
  • Double Room / Ensuite
  • Unit 5
  • £525
  • Let
  • Double Room
  • Unit 6
  • £476
  • Vacant
  • Double Room
  • Total £3038
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Costs

  • Gas £125
  • Water £80
  • Wifi £35
  • Electric £120
  • Cleaner
  • TV Licence
  • Insurance £50
  • Council Tax £225
  • Gas £125
  • Water £80
  • Wifi £35
  • Electric £120
  • Cleaner
  • TV Licence
  • Insurance £50
  • Council Tax £225
  • Total £635
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LICENSING

  • HMO License Required Yes
  • HMO License in Place Yes
  • HMO License Required Yes
  • HMO License in Place Yes
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Management

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FLOOR PLAN

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LOCATION

Fareham Road, Gosport, PO13 0AD, 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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