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Super X Bed Pro HMO

Spalding, East Midlands
Asking Price
£TBC
Gross Yield
TBC%
2
2
4
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Overview

InvestmentTBC
Gross£10.8K/1.1%
Net£5.3K/0.5%
RegionEast Midlands
TenantOption 1
SPV HeldN/A
ManagementSelf Managed
TenancyN/A
LicenseYes
Bedrooms2
Bathrooms2
Occupants4

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.

Highlights

Fully Tenanted

Financials

MonthlyAnnual
Gross Rent£900£10,800
Utilities£462£5,544
Net Rent£438£5,256

Mortgage

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

Payment
Rate
70%
5.5%
25y
Loan
£TBC
Deposit
£TBC
Monthly Payment
£TBC
Repayment
Est. Rent / mo
£900

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 TypeMaisonette
TenureLeasehold
ConstructionTimber
ConditionGood
HeatingElectric
Double GlazingN/A
No Storeys3
GarageN/A
GardenFront & Rear
ParkingOn-Road
No Parking spaces4
Listed BuildingNo
Current EPC Rating29F
Potential EPC Rating83B
Sq FtN/A

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 typeOption 1
Tenancy TypeN/A
12 Month Occupancy100
OccupancyFully Let
No of Units2
No of Occupants4
TypeOcc.StatusAmount
1. Double Room / EnsuiteLet£500
2. Double RoomLet£400
Total£900

Operating Costs

Gas£30
Water£98
Wifi£78
Electric£20
Cleaner£20
TV license£98
Insurance£89
Council Tax£29
Total£462

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 TypeMandatory
HMO License in PlaceYes
HMO License Expiry2026-03-28
HMO Licensing Cost£1000
No of Persons4
Units of Accommodation2
AuthorityNorth Norfolk
Planning Use ClassOption 2

Floorplans

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Spalding, East Midlands· PE12 0AD

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