Overview
Description
Potential opportunities charge room rate in line with market as follow
Average room rate for a Double bedroom £600 x 11 = £6600pm
6 studio current rent = 6 x 800 = £5400pm
Opportunity for triple extension to the rear creating 6 x £600pm= £3600Pm
Potential = £15600pm x 12=£187200Pa ...41% rental growth opportunity on today’s market rate.
Financials
| Financials | Monthly | Annual |
|---|---|---|
| Gross Rent | £5,650 | £67,800 |
| Utilities | £23 | £280 |
| Net Rent | £5,627 | £67,520 |
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
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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