Overview
InvestmentTBC
Gross£36.9K/9.7%
Net£30.7K/8.1%
RegionSouth East
TenantProfessional
SPV HeldN/A
ManagementSelf Managed
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms6
Bathrooms6
Occupants6
Description
..
Financials
MonthlyAnnual
Gross Rent£3,073£36,876
Utilities£147£1,764
Management£369£4,425
Net Rent£2,557£30,687
Mortgage
Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.
Payment
Rate
70%
5.5%
25y
Loan
£266,000
Deposit
£114,000
Monthly Payment
£1,633
Repayment
Est. Rent / mo
£3,073
This is for illustrative purposes only. Always obtain professional & qualified advice for HMO mortgages. For more information on HMO mortgages click here.
Property
Property TypeHouse
Sub TypeEnd Of Terrace
TenureFreehold
ConstructionBrick & Tile
ConditionGood
HeatingGas Central Heating
Double GlazingFull
No Storeys3
GarageNone
GardenRear
ParkingNone
No Parking spaces0
Listed BuildingNo
Current EPC Rating37F
Potential EPC Rating70C
Sq Ft1,614 Sq Ft
Management
HMO Management TypeSelf Managed
Monthly Management£369
Management Rate12%
Management Notes
HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.
Rentals
Tenant typeProfessional
Tenancy TypeMulti Tenancy (AST)
12 Month Occupancy100
OccupancyFully Let
No of Units6
No of Occupants6
TypeOcc.StatusAmount
1. Single Room / Ensuite—Let£520
2. Single Room / Ensuite—Let£520
3. Single Room / Ensuite—Let£493
4. Single Room / Ensuite—Let£542
5. Single Room / Ensuite—Let£499
6. Single Room / Ensuite—Let£499
Total—£3,073
Operating Costs
GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£120
TV licenseN/A
Insurance£27
Council TaxN/A
Total£147
HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.
HMO Licensing
HMO License RequiredYes
HMO License TypeN/A
HMO License in PlaceYes
HMO License Expiry2024-10-10
HMO Licensing Cost£1000
No of Persons6
Units of Accommodation6
AuthorityCherwell District Council
Authority URLN/A
Planning Use ClassN/A
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Marlborough Road, Banbury, OX16· OX16 5EZ