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Super 6 Bed Professional HMO

South Street, Taunton, TA1
Asking Price
£TBC
Gross Yield
TBC%
6
2
6
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interior-1

Overview

InvestmentTBC
Gross£37.8K/10.8%
Net£36.1K/10.3%
RegionSouth West
TenantProfessional
SPV HeldN/A
ManagementSelf Managed
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms6
Bathrooms2
Occupants6

Description

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Financials

MonthlyAnnual
Gross Rent£3,150£37,800
Utilities£140£1,680
Net Rent£3,010£36,120

Mortgage

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

Payment
Rate
70%
5.5%
25y
Loan
£245,000
Deposit
£105,000
Monthly Payment
£1,505
Repayment
Est. Rent / mo
£3,150

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
GardenFront & Rear
ParkingNone
No Parking spaces0
Listed BuildingNo
Current EPC RatingN/A
Potential EPC RatingN/A
Sq FtN/A

Management

HMO Management TypeSelf Managed
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 Units6
No of Occupants6
TypeOcc.StatusAmount
1. Double RoomLet£575
2. Double RoomLet£575
3. Double RoomLet£500
4. Double RoomLet£500
5. Double RoomLet£500
6. Double RoomLet£500
Total£3,150

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£80
TV licenseN/A
Insurance£60
Council TaxN/A
Total£140

HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.

HMO Licensing

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
AuthorityTaunton Council
Authority URLN/A
Planning Use ClassN/A

Floorplans

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South Street, Taunton, TA1· TA1 3AG

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