9 Studio's & 1 x 1 Bed Flat For Sale | Agent HMO

9 Studio's & 1 x 1 Bed Flat

Grove Road London, KT1

REF 931

  • INVESTMENT

    £900,000

  • GROSS YIELD

    9.61%

  • ANNUAL RENT

    £86,460

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Sold
  • INVESTMENT

    £900,000

  • GROSS YIELD

    9.61%

  • ANNUAL RENT

    £86,460

  • REF

    931

DESCRIPTION

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Features

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FINANCIALS

  • Investment £900,000
  • Gross Annual Rent £86,460
  • Gross Monthly Rent £7,205
  • Gross Yield 9.61%
  • Net Monthly Rent £6,505
  • Net Yield 8.67%
  • Min 25% Deposit Requirement £225,000
  • Monthly Mortgage Payment* £1,406
  • Monthly Cashflow £5,099

*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 £900,000.

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Property

  • Property Type House
  • Double Glazing Full
  • Sub Type Detached
  • Garage Single
  • Tenure Freehold
  • Garden Front
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces 3
  • Heating Electric
  • EPC Rating
  • Size 1614 ft²
  • Listed Building No
  • Kitchens 3
  • Ensuite Bathrooms 10
  • Studio 9
  • 1 Bed Flat 1
  • Property Type House
  • Double Glazing Full
  • Sub Type Detached
  • Garage Single
  • Tenure Freehold
  • Garden Front
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Average
  • No Parking Spaces 3
  • Heating Electric
  • EPC Rating
  • Size 1614 ft²
  • Listed Building No
  • Kitchens 3
  • Kitchenettes 8
  • Ensuite Bathrooms 10
  • Studio 9
  • 1 Bed Flat 1
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Photos

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VIRTUAL TOUR

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Rental

  • Tenant Type
  • Working
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 9
  • Tenant Type
  • Working
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 9
  • Unit 1
  • £800
  • Unit 2
  • £750
  • Unit 3
  • £630
  • Unit 4
  • £750
  • Unit 5
  • £775
  • Unit 6
  • £475
  • Unit 7
  • £650
  • Unit 8
  • £600
  • Unit 9
  • £775
  • Unit 10
  • £1000
  • Total £7205
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Costs

  • Gas
  • Water £150
  • Wifi
  • Electric £150
  • Cleaner £80
  • TV Licence
  • Insurance
  • Council Tax £320
  • Gas
  • Water £150
  • Wifi
  • Electric £150
  • Cleaner £80
  • TV Licence
  • Insurance
  • Council Tax £320
  • Total £700
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LICENSING

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

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FLOOR PLAN

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LOCATION

Grove Lane, Kingston upon Thames, KT1 2SU, 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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