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On Hold

Newly Refurbed Fully Let 7 Bed HMO & 2 Studio's

Uttoxeter New Road, Derby DE22
Asking Price
£TBC
Gross Yield
TBC%
9
9
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Property Image

Overview

InvestmentTBC
Gross£57.2K/5.72%
Net£49.2K/4.9%
RegionEast Mids
TenantProfessional
SPV HeldN/A
ManagementN/A
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms9
Bathrooms9
Occupants9

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£4,767£57,200
Utilities£5£62
Net Rent£4,762£57,138

Mortgage

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

Payment
Rate
70%
5.5%
25y
Loan
£699,999
Deposit
£300,000
Monthly Payment
£4,299
Repayment
Est. Rent / mo
£4,767

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 Storeys4
GarageNone
GardenRear
ParkingOff-Road
No Parking spaces5
Listed BuildingNo
Current EPC Rating54E
Potential EPC Rating80C
Sq Ft1,926 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 Units9
No of Occupants9
TypeStatusAmount
1. Double Room / EnsuiteN/A£450
2. Double Room / EnsuiteN/A£475
3. Double Room / EnsuiteN/A£395
4. Double Room / EnsuiteN/A£550
5. Double Room / EnsuiteN/A£650
6. Double Room / EnsuiteN/A£450
7. Double Room / EnsuiteN/A£500
8. StudioN/A£650
9. StudioN/A£650
Total£4,770

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£30
TV licenseN/A
Insurance£32
Council TaxN/A
Total£62

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 Expiry2025-09-29
HMO Licensing CostN/A
No of Persons11
Units of Accommodation9
AuthorityUttoxeter New Road, Derby Council
Authority URLN/A
Planning Use ClassN/A

Floorplans

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Uttoxeter New Road, Derby DE22· DE22 3LN

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