Overview
InvestmentTBC
Gross£23.8K/13.2%
Net£20.4K/11.4%
RegionWest Mids
TenantProfessional
SPV HeldN/A
ManagementSelf Managed
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms5
Bathrooms5
Occupants5
Description
Part of a portfolio of ten properties in Telford, 51 Bedrooms
Financials
| Financials | Monthly | Annual |
|---|---|---|
| Gross Rent | £1,980 | £23,760 |
| Utilities | £3 | £40 |
| Net Rent | £1,977 | £23,720 |
Mortgage
Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.
Payment
Rate
70%
5.5%
25y
Loan
£126,000
Deposit
£54,000
Monthly Payment
£774
Repayment
Est. Rent / mo
£1,980
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
ConditionExcellent
HeatingGas Central Heating
Double GlazingPart
No Storeys2
GarageNone
GardenRear
ParkingOff-Road
No Parking spaces3
Listed BuildingNo
Current EPC Rating73C
Potential EPC Rating86B
Sq Ft936 Sq Ft
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 typeProfessional
Tenancy TypeMulti Tenancy (AST)
12 Month Occupancy100
OccupancyFully Let
No of Units5
No of Occupants5
TypeStatusAmount
1. Double Room / EnsuiteLet£396
2. Double Room / EnsuiteLet£396
3. Double Room / EnsuiteLet£396
4. Double Room / EnsuiteLet£396
5. Double Room / EnsuiteLet£396
Total£1,980
Operating Costs
GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£30
TV licenseN/A
Insurance£10
Council TaxN/A
Total£40
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 Expiry2025-12-24
HMO Licensing CostN/A
No of Persons5
Units of Accommodation5
AuthorityTelford Council
Authority URLN/A
Planning Use ClassN/A
Floorplans
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Virtual Tour
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Catterick Close Telford, TF1· TF1 6UU