Overview
InvestmentTBC
Gross£32.4K/16.2%
Net£25.1K/12.5%
RegionNorth West
TenantProfessional
SPV HeldN/A
ManagementLocal Agent
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms5
Bathrooms5
Occupants5
Description
.
Financials
MonthlyAnnual
Gross Rent£2,700£32,400
Utilities£151£1,812
Management£459£5,508
Net Rent£2,090£25,080
Mortgage
Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.
Payment
Rate
70%
5.5%
25y
Loan
£140,000
Deposit
£60,000
Monthly Payment
£860
Repayment
Est. Rent / mo
£2,700
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 Storeys2
GarageNone
GardenRear
ParkingOn-Road
No Parking spaces2
Listed BuildingNo
Current EPC RatingN/A
Potential EPC RatingN/A
Sq FtN/A
Management
HMO Management TypeLocal Agent
Monthly Management£459
Management Rate17%
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 Units5
No of Occupants5
TypeOcc.StatusAmount
1. Double Room / Ensuite—Let£540
2. Double Room / Ensuite—Let£540
3. Double Room / Ensuite—Let£540
4. Double Room / Ensuite—Let£540
5. Double Room / Ensuite—Let£540
Total—£2,700
Operating Costs
GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£113
TV licenseN/A
Insurance£38
Council TaxN/A
Total£151
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 Expiry2028-11-29
HMO Licensing Cost£1000
No of Persons5
Units of Accommodation5
AuthorityBarrow Council
Authority URLN/A
Planning Use ClassN/A
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Church St, Barrow-in-Furness, LA14· LA14 2HZ