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Superb 6 Bed HMO Property

Horsecroft Road, Hemel Hempstead, HP1
Asking Price
£TBC
Gross Yield
TBC%
6
3
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Property Image

Overview

InvestmentTBC
Gross£57.4K/12.75%
Net£49.3K/11%
RegionSouth East
TenantLHA
SPV HeldN/A
ManagementSelf Managed
TenancyN/A
LicenseYes
Bedrooms6
Bathrooms3
Occupants6

Description

A well-located House in Multiple Occupation (HMO) property offering strong rental yields and diversified income streams. The property presents an attractive investment opportunity with established tenancies and good growth potential.

Financials

FinancialsMonthlyAnnual
Gross Rent£4,781£57,375
Utilities£0£0
Net Rent£4,781£57,375

Mortgage

Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.

Payment
Rate
70%
5.5%
25y
Loan
£315,000
Deposit
£135,000
Monthly Payment
£1,934
Repayment
Est. Rent / mo
£4,781

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 TypeMid-Terrace
TenureFreehold
ConstructionBrick & Tile
ConditionAverage
HeatingGas Central Heating
Double GlazingFull
No Storeys3
GarageNone
GardenFront & Rear
ParkingOff-Road
No Parking spaces0
Listed BuildingN/A
Current EPC RatingN/A
Potential EPC RatingN/A
Sq FtN/A

Management

HMO Management TypeSelf Managed
Monthly Management£574
Management Rate12%

Management Notes

HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.

Rentals

Tenant typeLHA
Tenancy TypeN/A
12 Month Occupancy100
OccupancyVacant
No of Units6
No of Occupants6
TypeStatusAmount
1. Single Room / EnsuiteN/A£797
2. Double RoomN/A£797
3. Double RoomN/A£797
4. Double RoomN/A£797
5. Double RoomN/A£797
6. StudioN/A£797
Total£4,782

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
CleanerN/A
TV licenseN/A
InsuranceN/A
Council TaxN/A
TotalN/A

HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.

HMO Licensing

HMO License Information

HMO License RequiredYes
HMO License TypeN/A
HMO License in PlaceYes
HMO License Expiry2024-10-01
HMO Licensing Cost£1000
No of Persons6
Units of Accommodation6
AuthorityHorsecroft Road, Hemel Hempstead, Council
Authority URLN/A
Planning Use ClassC4

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Horsecroft Road, Hemel Hempstead, HP1· HP1 1PX

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