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Super 5 Bed HMO Property

Benland, Peterborough, PE3
Asking Price
£TBC
Gross Yield
TBC%
5
3
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Property Image

Overview

InvestmentTBC
Gross£20.5K/9.52%
Net£17.6K/8.2%
RegionEast Of Eng.
TenantProfessional
SPV HeldN/A
ManagementN/A
TenancyMulti Tenancy (AST)
LicenseN/A
Bedrooms5
Bathrooms3
Occupants5

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

FinancialsMonthlyAnnual
Gross Rent£1,706£20,468
Utilities£5£60
Net Rent£1,701£20,408

Mortgage

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

Payment
Rate
70%
5.5%
25y
Loan
£150,500
Deposit
£64,500
Monthly Payment
£924
Repayment
Est. Rent / mo
£1,706

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 TypeMid-Terrace
TenureFreehold
ConstructionBrick & Tile
ConditionGood
HeatingGas Central Heating
Double GlazingFull
No Storeys2
GarageNone
GardenRear
ParkingOff-Road
No Parking spaces6
Listed BuildingNo
Current EPC Rating68D
Potential EPC Rating76C
Sq Ft1,302 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
OccupancyFully Let
No of Units5
No of Occupants5
TypeStatusAmount
1. Double RoomLet£325
2. Double RoomLet£350
3. Double RoomLet£350
4. Double RoomLet£350
5. Double RoomLet£330
Total£1,705

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£50
TV licenseN/A
Insurance£10
Council TaxN/A
Total£60

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 PlaceN/A
HMO License ExpiryN/A
HMO Licensing CostN/A
No of Persons5
Units of Accommodation5
AuthorityBenland, Peterborough, Council
Authority URLN/A
Planning Use ClassN/A

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Benland, Peterborough, PE3· PE3 8ED

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