Discounted – 6 Bed HMO
Location – available upon request
Price – available upon request
Key Investment Facts
- Fully licenced 7 bedroom HMO
- £39,600 gross rental income per annum
- Up to £1,860 NET positive cash flow pcm
- Up to 29.8% NET return on investment per annum
- Fully tenanted with working tenants
- Fully licenced
- ALL furniture and appliances included, worth circa £15,000
- Fully hands off and managed
This 7 bed, 6 bathroom, fully licenced HMO is bringing in £39,600 per annum and is valued at £300,000 with strong comparable sales achieved nearby and a strong rental market.
We estimate the NET annual income to be £22,322 AFTER all mortgage deductions, management charges and bills.
This HMO is managed by a local agent and has long standing working tenants in situ.
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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.