Super X Bed Pro HMO

Stanley Road, Chadderton, Oldham OL9

REF 949

  • INVESTMENT

    £999,999

  • GROSS YIELD

    3%

  • ANNUAL RENT

    £30,012

AgentHMO default property
Coming Soon
  • INVESTMENT

    £999,999

  • GROSS YIELD

    3%

  • ANNUAL RENT

    £30,012

  • REF

    949

DESCRIPTION

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Features

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Fully Managed
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FINANCIALS

  • Investment £999,999
  • Gross Annual Rent £30,012
  • Gross Monthly Rent £2,501
  • Gross Yield 3%
  • Net Monthly Rent £1,523
  • Net Yield 1.83%
  • Min 25% Deposit Requirement £250,000
  • Monthly Mortgage Payment* £3,125
  • Monthly Cashflow £-1,602

*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 £999,999.

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Property

  • Property Type House
  • Double Glazing Part
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Leasehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces 3
  • Heating Electric
  • EPC Rating 59D
  • Size 1100 ft²
  • Listed Building No
  • Kitchens 1
  • Single Ensuite 5
  • Kitchenettes
  • Ensuite Bathrooms 5
  • Property Type House
  • Double Glazing Part
  • Sub Type Mid-Terrace
  • Garage None
  • Tenure Leasehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking On-Road
  • Condition Excellent
  • No Parking Spaces 3
  • Heating Electric
  • EPC Rating 59D
  • Size 1100 ft²
  • Listed Building No
  • Kitchens 1
  • Single Ensuite 5
  • Ensuite Bathrooms 5
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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
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 5
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy (AST)
  • No. of Tenants
  • 5
  • Unit 1
  • £501
  • Vacant
  • Single Room / Ensuite
  • Unit 2
  • £500
  • Single Room / Ensuite
  • Unit 3
  • £500
  • Single Room / Ensuite
  • Unit 4
  • £500
  • Single Room / Ensuite
  • Unit 5
  • £500
  • Single Room / Ensuite
  • Total £2501
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Costs

  • Gas £200
  • Water £200
  • Wifi £45
  • Electric £200
  • Cleaner £70
  • TV Licence £13
  • Insurance
  • Council Tax £250
  • Gas £200
  • Water £200
  • Wifi £45
  • Electric £200
  • Cleaner £70
  • TV Licence £13
  • Insurance
  • Council Tax £250
  • Total £978
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2028-08-27
  • HMO License in Place Yes
  • No of Persons 5
  • HMO Licensing Cost £1500
  • Units of Accomodation 5
  • Licensing Authority Oldham Borough Council
  • Planning Use Class C3
  • HMO License Required Yes
  • HMO License Expiry 2028-08-27
  • HMO License in Place Yes
  • No of Persons 5
  • HMO Licensing Cost £1500
  • Units of Accomodation 5
  • Licensing Authority Oldham Borough Council
  • Planning Use Class C3
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Management

  • Type Self Managed
  • Management Rate 10%
  • Monthly Management £250

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FLOOR PLAN

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LOCATION

Stanley Road, Chadderton, Oldham, OL9 7HA, United Kingdom

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BROCHURE

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Coming Soon. We are currently in the process of on boarding this HMO opportunity. See Ts & Cs.
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