11 Bed HMO For Sale
Discount: Available on Request
We are pleased to offer this huge 11 bedroom HMO to our investors. Available for £375,000 and producing a mammoth £43,380 per annum.
Purchase Price: £375,000
Current Rent: £43,380
NET Yield: 9.2%
This is the ideal type of investment if you’re looking to acquire a huge monthly NET income. We anticipate cash flow will be in the region of £2,170 PCM after mortgage, management and bills have been deducted from the total rent.
Key Investment Facts
- Ready made HMO investment opportunity
- Fully tenanted and income producing
- 400 yards from Teesside University
- Up to £2,167 PCM net cash flow after mortgage, management and bills
- Up to 27.7% net return on investment per annum
- Managing agent in place
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.