Overview

InvestmentTBC

Gross£39.2K/8.09%

Net£33.7K/7%

RegionSouth West

TenantProfessional

SPV HeldN/A

ManagementN/A

TenancyMulti Tenancy (AST)

LicenseYes

Bedrooms6

Bathrooms2

Occupants6

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

Financials	Monthly	Annual
Gross Rent	£3,270	£39,237
Utilities	£3	£36
Net Rent	£3,267	£39,201

Mortgage

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

Payment

Rate

Loan-to-Value (LTV)

70%

Interest Rate

5.5%

Term

25y

Loan

£339,500

Deposit

£145,500

Monthly Payment

£2,085

Repayment

Est. Rent / mo

£3,270

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

ConstructionOther

ConditionExcellent

HeatingGas Central Heating

Double GlazingFull

No Storeys2

GarageDouble

GardenFront

ParkingOff-Road

No Parking spaces3

Listed BuildingNo

Current EPC Rating45E

Potential EPC Rating78C

Sq Ft1,614 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 TypeMulti Tenancy (AST)

12 Month Occupancy100

OccupancyVacant

No of Units6

No of Occupants6

TypeStatusAmount

1. Double RoomN/A£541

2. Single RoomN/A£542

3. Double RoomN/A£544

4. Double RoomN/A£542

5. Double RoomN/A£535

6. Double RoomN/A£564

Total£3,268

Operating Costs

GasN/A

WaterN/A

WifiN/A

ElectricN/A

CleanerN/A

TV licenseN/A

Insurance£36

Council TaxN/A

Total£36

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 ExpiryN/A

HMO Licensing CostN/A

No of Persons6

Units of Accommodation6

AuthorityStation Approach, Devon Council

Authority URLN/A

Planning Use ClassN/A

Floorplans

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Virtual Tour

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Map

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Station Approach, Devon EX15· EX15 1AH

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Amazing 6 Bed HMO - Fully Let - 2 Reception Rooms