Super 9 Self Contained Unit Freehold HMO Block

Terrapin Road London SW17

REF 718

  • INVESTMENT

    £1,300,000

  • GROSS YIELD

    6.7%

  • ANNUAL RENT

    £87,072

AgentHMO default property
Sold
  • INVESTMENT

    £1,300,000

  • GROSS YIELD

    6.7%

  • ANNUAL RENT

    £87,072

  • REF

    718

DESCRIPTION

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Features

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

  • Investment £1,300,000
  • Gross Annual Rent £87,072
  • Gross Monthly Rent £7,256
  • Gross Yield 6.7%
  • Net Monthly Rent £7,111
  • Net Yield 6.56%
  • Min 25% Deposit Requirement £325,000
  • Monthly Mortgage Payment* £2,031
  • Monthly Cashflow £5,080

*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 £1,300,000.

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Property

  • Property Type
  • Double Glazing
  • Sub Type
  • Garage
  • Tenure Freehold
  • Garden
  • Construction
  • Parking
  • Condition
  • No Parking Spaces
  • Heating
  • EPC Rating
  • Size 3627 ft²
  • Listed Building
  • Kitchens 9
  • Ensuite Bathrooms 5
  • Studio 5
  • Shared Bathrooms 2
  • 1 Bed Flat 3
  • Seperate WCs 3
  • 2 Bed Flat 1
  • Property Type
  • Double Glazing
  • Sub Type
  • Garage
  • Tenure Freehold
  • Garden
  • Construction
  • Parking
  • Condition
  • No Parking Spaces
  • Heating
  • EPC Rating
  • Size 3627 ft²
  • Listed Building
  • Kitchens 9
  • Ensuite Bathrooms 5
  • Studio 5
  • Shared Bathrooms 2
  • 1 Bed Flat 3
  • Seperate WCs 3
  • 2 Bed Flat 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
  • Professional
  • 12 Month Occupancy
  • 100
  • Occupancy
  • Fully Let
  • Tenancy Type
  • No. of Tenants
  • 9
  • Tenant Type
  • Professional
  • Occupancy
  • Fully Let
  • 12 Month Occupancy
  • 100
  • Tenancy Type
  • No. of Tenants
  • 9
  • Unit 1
  • £672
  • Let
  • Studio
  • Unit 2
  • £450
  • Let
  • Studio
  • Unit 3
  • £921
  • Let
  • Studio
  • Unit 4
  • £772
  • Let
  • Studio
  • Unit 5
  • £637
  • Let
  • 2 Bed Flat
  • Unit 6
  • £650
  • Let
  • Studio
  • Unit 7
  • £1250
  • Let
  • 1 Bed Flat
  • Unit 8
  • £924
  • Let
  • 1 Bed Flat
  • Unit 9
  • £980
  • Let
  • Studio
  • Total £7256
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Costs

  • Gas
  • Water £75
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance £70
  • Council Tax
  • Gas
  • Water £75
  • Wifi
  • Electric
  • Cleaner
  • TV Licence
  • Insurance £70
  • Council Tax
  • Total £145
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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

Terrapin Road, London, SW17 8QN, United Kingdom

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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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