Overview
InvestmentTBC
Gross£30.9K/17.6%
Net£30.2K/17.3%
RegionWest Mids
TenantProfessional
SPV HeldN/A
ManagementSelf Managed
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms6
Bathrooms6
Occupants6
Description
.
Financials
MonthlyAnnual
Gross Rent£2,571£30,852
Utilities£55£660
Net Rent£2,516£30,192
Mortgage
Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.
Payment
Rate
70%
5.5%
25y
Loan
£122,500
Deposit
£52,500
Monthly Payment
£752
Repayment
Est. Rent / mo
£2,571
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
GarageSingle
GardenFront & Rear
ParkingOn-Road
No Parking spaces1
Listed BuildingNo
Current EPC Rating62D
Potential EPC Rating70C
Sq Ft1,141 Sq Ft
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 Room / Ensuite—Let£412
2. Double Room / Ensuite—Let£412
3. Double Room / Ensuite—Let£477
4. Double Room / Ensuite—Let£433
5. Double Room / Ensuite—Let£425
6. Double Room / Ensuite—Let£412
Total—£2,571
Operating Costs
GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£40
TV licenseN/A
Insurance£15
Council TaxN/A
Total£55
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 Expiry2027-02-04
HMO Licensing Cost£1000
No of Persons6
Units of Accommodation6
AuthorityTelford & Wrekin Council
Authority URLN/A
Planning Use ClassN/A
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Woodcroft, Woodside, Telford, TF7· TF7 5ND