Overview
InvestmentTBC
Gross£24.7K/10.5%
Net£21.2K/9%
RegionSouth East
TenantStudent
SPV HeldN/A
ManagementLocal Agent
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms5
Bathrooms3
Occupants5
Description
A brilliant 5 Bed recently refurbished and well maintained HMO property.
Financials
MonthlyAnnual
Gross Rent£2,055£24,660
Utilities£21£252
Management£267£3,206
Net Rent£1,767£21,202
Mortgage
Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.
Payment
Rate
70%
5.5%
25y
Loan
£164,500
Deposit
£70,500
Monthly Payment
£1,010
Repayment
Est. Rent / mo
£2,055
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 TypeSemi-Detached
TenureFreehold
ConstructionBrick & Tile
ConditionGood
HeatingGas Central Heating
Double GlazingFull
No Storeys3
GarageNone
GardenRear
ParkingOff-Road
No Parking spaces0
Listed BuildingNo
Current EPC Rating71C
Potential EPC RatingN/A
Sq Ft1,110 Sq Ft
Management
HMO Management TypeLocal Agent
Monthly Management£267
Management Rate13%
Management Notes
HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.
Rentals
Tenant typeStudent
Tenancy TypeMulti Tenancy (AST)
12 Month Occupancy100
OccupancyVacant
No of Units5
No of Occupants5
TypeOcc.StatusAmount
1. Double Room—N/A£500
2. Double Room—N/A£425
3. Double Room—N/A£360
4. Double Room—N/A£370
5. Double Room—N/A£400
Total—£2,055
Operating Costs
GasN/A
WaterN/A
WifiN/A
ElectricN/A
CleanerN/A
TV licenseN/A
Insurance£21
Council TaxN/A
Total£21
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 Expiry2022-06-01
HMO Licensing Cost£1000
No of Persons5
Units of Accommodation5
AuthorityNorthampton Borough Council
Authority URLN/A
Planning Use ClassC4
Floorplans
Floorplans will be available soon
Virtual Tour
Virtual tour will be available soon
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Map
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Eastern Avenue North, Northampton, NN2· NN2 7RT