Overview
Description
This is a fantastic opportunity for a first time landlord to add a HMO to their portfolio.
With being a three bed HMO there is no licence required which makes this property very easy to manage.
This property has also had very settled tenants with two being there since 2014. It has two bedrooms and a bathroom upstairs with one bedroom and a large shared kitchen diner downstairs.
Offering an impressive 11.9% gross yield this property will not be on the market for long!
This is a leasehold property which currently has 879 years left on the lease.
Highlights
Financials
| Financials | Monthly | Annual |
|---|---|---|
| Gross Rent | £1,194 | £14,328 |
| Utilities | £0 | £0 |
| Net Rent | £1,194 | £14,328 |
Mortgage
Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.
This is for illustrative purposes only. Always obtain professional & qualified advice for HMO mortgages. For more information on HMO mortgages click here.
Property
Management
Management Notes
Elite Property Lettings
HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.
Rentals
Operating Costs
HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.
HMO Licensing
HMO License Information
Floorplans
Floorplans will be available soon
Virtual Tour
Virtual tour will be available soon
Contact us to arrange a viewing
Map
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