Newly Refurbed Fully Let 7 Bed HMO & 2 Studio's For Sale | Agent HMO

Newly Refurbed Fully Let 7 Bed HMO & 2 Studio's

Uttoxeter New Road, Derby DE22

REF 954

  • INVESTMENT

    £TBC

  • GROSS YIELD

    --

  • ANNUAL RENT

    £57,240

Newly Refurbed Fully Let 7 Bed HMO & 2 Studio's For Sale
  • INVESTMENT

    --

  • GROSS YIELD

    --

  • ANNUAL RENT

    £57,240

  • REF

    954

DESCRIPTION

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Features

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Fully Managed
  • Wifi Enabled Heating
  • Wireless Broadband
  • Shared Kitchen Dining Area
  • HMO Compliant Fire Alarm
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FINANCIALS

  • Investment
  • Gross Annual Rent £57,240
  • Gross Monthly Rent £4,770
  • Gross Yield --
  • Net Monthly Rent £4,077
  • Net Yield
  • Min 25% Deposit Requirement
  • Monthly Mortgage Payment*
  • Monthly Cashflow £4,077

*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 £2,000

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 £2000 then the balance due on completion is £-2,000.

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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 Excellent
  • No Parking Spaces 5
  • Heating Gas Central Heating
  • EPC Rating 54E
  • Size 1926 ft²
  • Listed Building No
  • Kitchens 2
  • Reception Rooms 2
  • Double Ensuite 7
  • Ensuite Bathrooms 9
  • Studio 2
  • Property Type House
  • Double Glazing Full
  • Sub Type Semi-Detached
  • Garage None
  • Tenure Freehold
  • Garden Rear
  • Construction Brick & Tile
  • Parking Off-Road
  • Condition Excellent
  • No Parking Spaces 5
  • Heating Gas Central Heating
  • EPC Rating 54E
  • Size 1926 ft²
  • Listed Building No
  • Kitchens 2
  • Kitchenettes 2
  • Reception Rooms 2
  • Double Ensuite 7
  • Ensuite Bathrooms 9
  • Studio 2
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Photos

Newly Refurbed Fully Let 7 Bed HMO & 2 Studio's For Sale
Newly Refurbed Fully Let 7 Bed HMO & 2 Studio's For Sale
Newly Refurbed Fully Let 7 Bed HMO & 2 Studio's For Sale
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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
  • No. of Tenants
  • 9
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • Multi Tenancy
  • No. of Tenants
  • 9
  • Unit 1
  • £450
  • Double Room / Ensuite
  • Unit 2
  • £475
  • Double Room / Ensuite
  • Unit 3
  • £395
  • Double Room / Ensuite
  • Unit 4
  • £550
  • Double Room / Ensuite
  • Unit 5
  • £650
  • Double Room / Ensuite
  • Unit 6
  • £450
  • Double Room / Ensuite
  • Unit 7
  • £500
  • Double Room / Ensuite
  • Unit 8
  • £650
  • Studio
  • Unit 9
  • £650
  • Double Room / Ensuite
  • Total £4770
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Costs

  • Gas £200
  • Water £51
  • Wifi £38
  • Electric £56
  • Cleaner £30
  • TV Licence £12
  • Insurance £32
  • Council Tax £274
  • Gas £200
  • Water £51
  • Wifi £38
  • Electric £56
  • Cleaner £30
  • TV Licence £12
  • Insurance £32
  • Council Tax £274
  • Total £693
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LICENSING

  • HMO License Required Yes
  • HMO License Expiry 2025-09-29
  • HMO License in Place Yes
  • No of Persons 11
  • Units of Accomodation 9
  • HMO License Required Yes
  • HMO License Expiry 2025-09-29
  • HMO License in Place Yes
  • No of Persons 11
  • Units of Accomodation 9
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Management

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FLOOR PLAN

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LOCATION

Uttoxeter New Road, Derby, DE22 3LN, United Kingdom

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BROCHURE

Download the investment brochure
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