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Fab 4 Bed Student HMO Property

Loxton Drive, Bath BA2
Asking Price
£TBC
Gross Yield
TBC%
4
1
4
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Property Image

Overview

InvestmentTBC
Gross£20.2K/6%
Net£17.3K/5.2%
RegionSouth West
TenantStudent
SPV HeldN/A
ManagementSelf Managed
TenancyJoint Tenancy (AST)
LicenseYes
Bedrooms4
Bathrooms1
Occupants4

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£1,680£20,160
Utilities£0£0
Net Rent£1,680£20,160

Mortgage

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

Payment
Rate
70%
5.5%
25y
Loan
£235,200
Deposit
£100,800
Monthly Payment
£1,444
Repayment
Est. Rent / mo
£1,680

This is for illustrative purposes only. Always obtain professional & qualified advice for HMO mortgages. For more information on HMO mortgages click here.

Property

Property TypeN/A
Sub TypeN/A
TenureN/A
ConstructionN/A
ConditionN/A
HeatingN/A
Double GlazingN/A
No StoreysN/A
GarageN/A
GardenN/A
ParkingN/A
No Parking spaces0
Listed BuildingN/A
Current EPC RatingN/A
Potential EPC RatingN/A
Sq FtN/A

Management

HMO Management TypeSelf Managed
Monthly Management£0
Management RateN/A

Management Notes

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

Rentals

Tenant typeStudent
Tenancy TypeJoint Tenancy (AST)
12 Month Occupancy100
OccupancyVacant
No of Units4
No of Occupants4
TypeStatusAmount
1. Single RoomN/A£420
2. Single RoomN/A£420
3. Single RoomN/A£420
4. Single RoomN/A£420
Total£1,680

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 Expiry2023-12-31
HMO Licensing Cost£1000
No of Persons4
Units of Accommodation4
AuthorityBath and North East Somerset Council
Authority URLN/A
Planning Use ClassN/A

Floorplans

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Loxton Drive, Bath BA2· BA2 1BR

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