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Incredible 25 Bed Professional HMO

Oxford St, Daventry, NN11
Asking Price
£TBC
Gross Yield
TBC%
12
25
34
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interior-1

Overview

InvestmentTBC
Gross£69.1K/3.8%
Net£58.3K/3.2%
RegionEast Mids
TenantProfessional
SPV HeldN/A
ManagementLocal Agent
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms12
Bathrooms25
Occupants34

Description

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Financials

MonthlyAnnual
Gross Rent£5,760£69,120
Utilities£415£4,980
Management£486£5,829
Net Rent£4,859£58,311

Mortgage

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

Payment
Rate
70%
5.5%
25y
Loan
£1,260,000
Deposit
£540,000
Monthly Payment
£7,738
Repayment
Est. Rent / mo
£5,760

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

Property

Property TypeBlock
Sub TypeDetached
TenureFreehold
ConstructionBrick & Tile
ConditionExcellent
HeatingGas Central Heating
Double GlazingFull
No Storeys2
GarageNone
GardenNone
ParkingOn-Road
No Parking spaces0
Listed BuildingNo
Current EPC Rating72C
Potential EPC Rating74C
Sq Ft6,447 Sq Ft

Management

HMO Management TypeLocal Agent
Monthly Management£486
Management Rate5%

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 Units12
No of Occupants34
TypeOcc.StatusAmount
1. Double Room / EnsuiteLet£535
2. Double Room / EnsuiteLet£450
3. Double Room / EnsuiteLet£450
4. Double Room / EnsuiteLet£450
5. Double Room / EnsuiteLet£500
6. Double Room / EnsuiteLet£450
7. Double Room / EnsuiteLet£550
8. Double Room / EnsuiteLet£500
9. Double Room / EnsuiteLet£525
10. Double Room / EnsuiteLet£450
11. Double Room / EnsuiteLet£450
12. Double Room / EnsuiteLet£450
Total£5,760

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£335
TV licenseN/A
Insurance£80
Council TaxN/A
Total£415

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 Expiry2019-02-12
HMO Licensing Cost£1500
No of Persons34
Units of Accommodation25
AuthorityDaventry District Council
Planning Use ClassSui Generis

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Oxford St, Daventry, NN11· NN11 4AD

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