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Super 6 Bed Professional Fully Refurbished HMO

Torkildsen Way, Harlow, Essex CM20
Asking Price
£TBC
Gross Yield
TBC%
6
5
6
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interior-1

Overview

InvestmentTBC
Gross£51.1K/10.6%
Net£50.8K/10.6%
RegionSouth East
TenantProfessional
SPV HeldN/A
ManagementSelf Managed
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms6
Bathrooms5
Occupants6

Description

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Financials

MonthlyAnnual
Gross Rent£4,255£51,060
Utilities£20£240
Net Rent£4,235£50,820

Mortgage

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

Payment
Rate
70%
5.5%
25y
Loan
£336,000
Deposit
£144,000
Monthly Payment
£2,063
Repayment
Est. Rent / mo
£4,255

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
ConditionExcellent
HeatingGas Central Heating
Double GlazingFull
No Storeys3
GarageNone
GardenRear
ParkingOff-Road
No Parking spaces1
Listed BuildingNo
Current EPC Rating78C
Potential EPC Rating87B
Sq Ft1,356 Sq Ft

Management

HMO Management TypeSelf Managed
Monthly Management£0
Management Rate0%

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 / EnsuiteLet£820
2. Double Room / EnsuiteLet£745
3. Double Room / EnsuiteLet£720
4. Double Room / EnsuiteLet£720
5. Double RoomLet£600
6. Double RoomLet£650
Total£4,255

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
CleanerN/A
TV licenseN/A
Insurance£20
Council TaxN/A
Total£20

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
AuthorityEssex Council
Authority URLN/A
Planning Use ClassN/A

Floorplans

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Torkildsen Way, Harlow, Essex CM20· CM20 1AY

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