Incredible 23 Bedroom HMO

Woodhouse Street, Stoke-on-Trent ST4

REF 925

  • INVESTMENT

    £800,000

  • GROSS YIELD

    10.05%

  • ANNUAL RENT

    £80,400

AgentHMO default property
Sold
  • INVESTMENT

    £800,000

  • GROSS YIELD

    10.05%

  • ANNUAL RENT

    £80,400

  • REF

    925

DESCRIPTION

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Features

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FINANCIALS

  • Investment £800,000
  • Gross Annual Rent £80,400
  • Gross Monthly Rent £6,700
  • Gross Yield 10.05%
  • Net Monthly Rent £5,125
  • Net Yield 7.69%
  • Min 25% Deposit Requirement £200,000
  • Monthly Mortgage Payment* £1,250
  • Monthly Cashflow £3,875

*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 £800,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces 6
  • Heating Gas Central Heating
  • EPC Rating
  • Size 6093 ft²
  • Listed Building No
  • Single 1
  • Kitchens 3
  • Double 2
  • Reception Rooms 1
  • Double Ensuite 20+
  • Ensuite Bathrooms 20+
  • Shared Bathrooms 1
  • Seperate WCs 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces 6
  • Heating Gas Central Heating
  • EPC Rating
  • Size 6093 ft²
  • Listed Building No
  • Single 1
  • Kitchens 3
  • Kitchenettes 17
  • Double 2
  • Reception Rooms 1
  • Double Ensuite 20+
  • Ensuite Bathrooms 20+
  • Shared Bathrooms 1
  • Seperate WCs 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
  • Working
  • 12 Month Occupancy
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 23
  • Tenant Type
  • Working
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 23
  • Unit 1
  • £325
  • Unit 2
  • £347
  • Unit 3
  • £303
  • Unit 4
  • £325
  • Unit 5
  • £280
  • Unit 6
  • £300
  • Unit 7
  • £280
  • Unit 8
  • £325
  • Unit 9
  • £325
  • Unit 10
  • £325
  • Unit 11
  • £282
  • Unit 12
  • £368
  • Unit 13
  • £315
  • Unit 14
  • £347
  • Unit 15
  • £325
  • Unit 16
  • £325
  • Unit 17
  • £325
  • Unit 18
  • £325
  • Unit 19
  • £300
  • Unit 20
  • £325
  • Unit 21
  • £325
  • Unit 22
  • £1
  • Unit 23
  • £1
  • Unit 24
  • £1
  • Total £6700
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Costs

  • Gas
  • Water
  • Wifi £100
  • Electric £650
  • Cleaner £200
  • TV Licence
  • Insurance £625
  • Council Tax
  • Gas
  • Water
  • Wifi £100
  • Electric £650
  • Cleaner £200
  • TV Licence
  • Insurance £625
  • Council Tax
  • Total £1,575
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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

Woodhouse Street, Stoke-on-Trent, ST4 1EH, 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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