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On Hold

Super 6 Bed Pro HMO

Orpwood Way Abingdon
Asking Price
£TBC
Gross Yield
TBC%
6
4
6
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Property Image

Overview

InvestmentTBC
Gross£52.9K/12.44%
Net£45.5K/10.7%
RegionOxfordshire
TenantProfessional
SPV HeldN/A
ManagementLocal Agent
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms6
Bathrooms4
Occupants6

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£4,406£52,870
Utilities£0£0
Net Rent£4,406£52,870

Mortgage

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

Payment
Rate
70%
5.5%
25y
Loan
£297,500
Deposit
£127,500
Monthly Payment
£1,827
Repayment
Est. Rent / mo
£4,406

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
ConditionGood
HeatingGas Central Heating
Double GlazingFull
No Storeys2
GarageNone
GardenFront & Rear
ParkingOff-Road
No Parking spaces3
Listed BuildingNo
Current EPC Rating90B
Potential EPC Rating100A
Sq Ft1,431 Sq Ft

Management

HMO Management TypeLocal Agent
Monthly Management£529
Management Rate12%

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
TypeStatusAmount
1. Double Room / EnsuiteLet£840
2. Double Room / EnsuiteLet£800
3. Double Room / EnsuiteLet£760
4. Double RoomLet£700
5. Double RoomLet£665
6. Double RoomLet£640
Total£4,405

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
CleanerN/A
TV licenseN/A
InsuranceN/A
Council TaxN/A
TotalN/A

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 TypeMandatory
HMO License in PlaceYes
HMO License ExpiryN/A
HMO Licensing Cost£1000
No of Persons6
Units of Accommodation6
AuthorityVale of White Horse
Planning Use ClassC4

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Orpwood Way Abingdon· OX14 5PX

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