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Super X Bed Pro HMO

Railway St, Chelmsford CM1
Asking Price
£TBC
Gross Yield
TBC%
1
12
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Property Image

Overview

InvestmentTBC
Gross£96.3K/10.7%
Net£80.2K/8.9%
RegionSouth East
TenantProfessional
SPV HeldN/A
ManagementN/A
TenancyMulti Tenancy (AST)
LicenseN/A
Bedrooms1
Bathrooms0
Occupants12

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

MonthlyAnnual
Gross Rent£8,025£96,300
Utilities£375£4,500
Management£963£11,556
Net Rent£6,687£80,244

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
£8,025

This is for illustrative purposes only. Always obtain professional & qualified advice for HMO mortgages. For more information on HMO mortgages click here.

Property

Property TypeN/A
Sub TypeN/A
TenureN/A
ConstructionN/A
ConditionN/A
HeatingN/A
Double GlazingN/A
No StoreysN/A
GarageN/A
GardenN/A
ParkingN/A
No Parking spaces0
Listed BuildingN/A
Current EPC RatingN/A
Potential EPC RatingN/A
Sq Ft2,368 Sq Ft

Management

HMO Management TypeN/A
Monthly Management£963
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
OccupancyVacant
No of Units1
No of Occupants12
TypeOcc.StatusAmount
1. RoomN/A£8,025
Total£8,025

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£175
TV licenseN/A
Insurance£200
Council TaxN/A
Total£375

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 PlaceN/A
HMO License ExpiryN/A
HMO Licensing CostN/A
No of Persons12
Units of Accommodation1
AuthorityChelmsford Council
Authority URLN/A
Planning Use ClassN/A

Floorplans

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Virtual Tour

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Railway St, Chelmsford CM1· CM1 1QS

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