Overview
InvestmentTBC
Gross£28.8K/12.8%
Net£28.3K/12.6%
RegionWest Mids
TenantProfessional
SPV HeldN/A
ManagementLocal Agent
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms5
Bathrooms6
Occupants6
Description
Part of a portfolio of ten properties in Telford, 51 Bedrooms
Financials
MonthlyAnnual
Gross Rent£2,400£28,800
Utilities£40£480
Net Rent£2,360£28,320
Mortgage
Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.
Payment
Rate
70%
5.5%
25y
Loan
£157,500
Deposit
£67,500
Monthly Payment
£967
Repayment
Est. Rent / mo
£2,400
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 GlazingFull
No Storeys2
GarageNone
GardenFront & Rear
ParkingOff-Road
No Parking spaces5
Listed BuildingNo
Current EPC Rating52E
Potential EPC Rating85B
Sq Ft1,506 Sq Ft
Management
HMO Management TypeLocal Agent
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 Occupants6
TypeOcc.StatusAmount
1. Double Room / Ensuite—Let£480
2. Double Room / Ensuite—Let£480
3. Double Room / Ensuite—Let£480
4. Double Room / Ensuite—Let£480
5. Double Room / Ensuite—Let£480
Total—£2,400
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 RequiredYes
HMO License TypeN/A
HMO License in PlaceYes
HMO License Expiry2026-01-09
HMO Licensing CostN/A
No of Persons6
Units of Accommodation6
AuthorityTelford Council
Authority URLN/A
Planning Use ClassN/A
Floorplans
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Virtual Tour
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Ardern Avenue Telford, TF4· TF4 2AN