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Super X Bed Pro HMO

High Wycombe, South East
Asking Price
£TBC
Gross Yield
TBC%
6
5
6
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Overview

InvestmentTBC
Gross£52.6K/9.6%
Net£34.1K/6.2%
RegionSouth East
TenantProfessional
SPV HeldN/A
ManagementLocal Agent
TenancyNO
LicenseYes
Bedrooms6
Bathrooms5
Occupants6

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

Great Location
Capital Growth Potential
Fully Managed
Wifi Enabled Heating
Shared Kitchen Dining Area
Fully Refurbished
Strong Rental Demand
Good Transport Links
Wireless Broadband
HMO Compliant Fire Alarm

Financials

MonthlyAnnual
Gross Rent£4,383£52,596
Utilities£1,018£12,216
Management£526£6,312
Net Rent£2,839£34,068

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
£4,383

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 TypeDetached
TenureFreehold
ConstructionBrick & Tile
ConditionGood
HeatingGas Central Heating
Double GlazingPart
No Storeys2
GarageSingle
GardenRear
ParkingOff-Road
No Parking spaces5
Listed BuildingNo
Current EPC Rating65D
Potential EPC Rating85B
Sq Ft1,377 Sq Ft

Management

HMO Management TypeLocal Agent
Monthly Management£526
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 TypeNO
12 Month Occupancy100
OccupancyPartially Let
No of Units6
No of Occupants6
TypeOcc.StatusAmount
1. Double Room / Ensuite1Let£750
2. Double Room1Let£660
3. Double Room / Ensuite1Let£825
4. Double Room / Ensuite1Let£800
5. Double Room1Vacant£660
6. Double Room1Let£688
Total6£4,383

Operating Costs

Gas£200
Water£120
Wifi£40
Electric£120
Cleaner£133
TV license£13
Insurance£32
Council Tax£360
Total£1018

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 Expiry2029-04-24
HMO Licensing Cost£1050
No of Persons6
Units of Accommodation1
AuthorityBuckinghamshire
Planning Use ClassC4

Floorplans

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High Wycombe, South East· HP12 4AB

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