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Epic 5 Bed All Ensuite HMO Property

Dark Lane Drive Telford, TF3

Asking price
£TBC
Gross yield
TBC
Bedrooms
5
Bathrooms
5
Occupants
5

Overview

InvestmentTBC
Gross£24.7K/13%
Net£24.2K/12.8%
RegionWest Mids
TenantProfessional
SPV HeldN/A
ManagementLocal Agent
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms5
Bathrooms5
Occupants5

Description

Part of a portfolio of ten properties in Telford, 51 Bedrooms

Financials

MonthlyAnnual
Gross Rent£2,060£24,720
Utilities£40£480
Net Rent£2,020£24,240

Mortgage

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

Payment
Rate
70%
5.5%
25y
Loan
£133,000
Deposit
£57,000
Monthly Payment
£817
Repayment
Est. Rent / mo
£2,060

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

Property

Property Type
House
Sub Type
End Of Terrace
Tenure
Freehold
Construction
Timber
Condition
Good
Heating
Gas Central Heating
Double Glazing
Full
No Storeys
2
Garage
None
Garden
Front & Rear
Parking
On-Road
No Parking spaces
0
Listed Building
No
Current EPC Rating
67D
Potential EPC Rating
79C
Sq Ft
1,184 Sq Ft

Management

HMO Management Type
Local Agent
Monthly Management
£0
Management Rate
N/A

Management Notes

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

Rentals

Tenant type
Professional
Tenancy Type
Multi Tenancy (AST)
12 Month Occupancy
100
Occupancy
Fully Let
No of Units
5
No of Occupants
5
TypeOcc.StatusAmount
1. Double Room / Ensuite—Let£412
2. Double Room / Ensuite—Let£412
3. Double Room / Ensuite—Let£412
4. Double Room / Ensuite—Let£412
5. Double Room / Ensuite—Let£412
Total—£2,060

Operating Costs

Gas
N/A
Water
N/A
Wifi
N/A
Electric
N/A
Cleaner
£30
TV license
N/A
Insurance
£10
Council Tax
N/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 Required
Yes
HMO License Type
N/A
HMO License in Place
Yes
HMO License Expiry
2024-01-05
HMO Licensing Cost
N/A
No of Persons
5
Units of Accommodation
5
Authority
Telford Council
Authority URL
N/A
Planning Use Class
N/A

Floorplans

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Dark Lane Drive Telford, TF3· TF3 2DT

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