Income Generating HMO – £26k PA
6 Bed 3 Bath High Spec HMO
Doncaster, South Yorkshire
Price – £202,000
Key Investment Facts
- Purchase Price – £202,000
- Current Rental Income – £26,260
- Bills p.a. – Based on a full year of occupation £2,700 gas/electric/council tax/Virgin tv
- Management @ 10% (No VAT) – £2,620
- Mortgage Costs p.a. (75% @ 3.39%) – £5,135.85
- Positive Monthly Cashflow (based on the above figures) – £1,317.01
- NET ROI based on deposit – 31.3%
Prime Property Agents are able offer this converted 6 bedroom 3 bathroom HMO in Doncaster, South Yorkshire. This Property is producing a yearly income of £26,260 and is finished to an exceptionally standard.
This Fantastic HMO is fully tenanted and professionally let, with a positive monthly income of £1,317.01, this is your opportunity to secure a strong monthly cash flow from a property thats undergone a full refurbishment .
All furniture is provided as part of the sale of the property and all rooms have been furnished to a high standard in order to provide the tenants comfort & ensure the HMO is desirable to tenants when marketed in future
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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.