Incredible 7 Bed HMO For Sale | Agent HMO

Incredible 7 Bed HMO

Kingsway Coventry, CV2 4FE

REF 932

  • INVESTMENT

    £500,000

  • GROSS YIELD

    7.13%

  • ANNUAL RENT

    £35,640

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Sold
  • INVESTMENT

    £500,000

  • GROSS YIELD

    7.13%

  • ANNUAL RENT

    £35,640

  • REF

    932

DESCRIPTION

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Features

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FINANCIALS

  • Investment £500,000
  • Gross Annual Rent £35,640
  • Gross Monthly Rent £2,970
  • Gross Yield 7.13%
  • Net Monthly Rent £2,475
  • Net Yield 5.94%
  • Min 25% Deposit Requirement £125,000
  • Monthly Mortgage Payment* £781
  • Monthly Cashflow £1,694

*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 Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Reception Rooms 1
  • Double Ensuite 6
  • Ensuite Bathrooms 6
  • Property Type House
  • Double Glazing Full
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Freehold
  • Garden Front & Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces
  • Heating Gas Central Heating
  • EPC Rating
  • Size
  • Listed Building No
  • Kitchens 1
  • Reception Rooms 1
  • Double Ensuite 6
  • Ensuite Bathrooms 6
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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
  • Tenancy Type
  • No. of Tenants
  • 6
  • Tenant Type
  • Working
  • Occupancy
  • 12 Month Occupancy
  • Tenancy Type
  • No. of Tenants
  • 6
  • Unit 1
  • £495
  • Unit 2
  • £495
  • Unit 3
  • £495
  • Unit 4
  • £495
  • Unit 5
  • £495
  • Unit 6
  • £495
  • Total £2970
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Costs

  • Gas £70
  • Water £70
  • Wifi £30
  • Electric £30
  • Cleaner £120
  • TV Licence £15
  • Insurance £30
  • Council Tax £130
  • Gas £70
  • Water £70
  • Wifi £30
  • Electric £30
  • Cleaner £120
  • TV Licence £15
  • Insurance £30
  • Council Tax £130
  • Total £495
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LICENSING

Management

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FLOOR PLAN

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LOCATION

Kingsway, Coventry, CV2 4FE, 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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