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Super 16 Bed Professional HMO Property

Heath End Road, Nuneaton, CV10
Asking Price
£TBC
Gross Yield
TBC%
16
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Property Image

Overview

InvestmentTBC
Gross£86.4K/10.16%
Net£74.3K/8.7%
RegionEast Mids
TenantProfessional
SPV HeldN/A
ManagementN/A
TenancyN/A
LicenseN/A
Bedrooms16
Bathrooms0
Occupants16

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£7,197£86,360
Utilities£0£0
Net Rent£7,197£86,360

Mortgage

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

Payment
Rate
70%
5.5%
25y
Loan
£595,000
Deposit
£255,000
Monthly Payment
£3,654
Repayment
Est. Rent / mo
£7,197

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 TypeDetached
TenureFreehold
ConstructionBrick & Tile
ConditionExcellent
HeatingGas Central Heating
Double GlazingFull
No Storeys2
GarageNone
GardenNone
ParkingOff-Road
No Parking spaces10
Listed BuildingNo
Current EPC RatingN/A
Potential EPC RatingN/A
Sq Ft4,366 Sq Ft

Management

HMO Management TypeN/A
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 typeProfessional
Tenancy TypeN/A
12 Month Occupancy100
OccupancyVacant
No of Units16
No of Occupants16
TypeStatusAmount
1. Double Room / EnsuiteN/A£450
2. Double Room / EnsuiteN/A£450
3. Double Room / EnsuiteN/A£450
4. Double Room / EnsuiteN/A£450
5. Double Room / EnsuiteN/A£450
6. Double Room / EnsuiteN/A£450
7. Double Room / EnsuiteN/A£450
8. Double Room / EnsuiteN/A£450
9. Double Room / EnsuiteN/A£450
10. Double Room / EnsuiteN/A£450
11. Double Room / EnsuiteN/A£450
12. Double Room / EnsuiteN/A£450
Total£5,400

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 PlaceN/A
HMO License ExpiryN/A
HMO Licensing CostN/A
No of Persons16
Units of Accommodation16
AuthorityHeath End Road, Nuneaton, Council
Authority URLN/A
Planning Use ClassN/A

Floorplans

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Heath End Road, Nuneaton, CV10· CV107JG

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