#Ref. 1059

Super 7 Bed HMO

£SOLD
Investment
Sussex Street Plymouth, PL1
Sold
Overview
Financials

Overview

£SOLD
Investment
£35.6K (...%)
Gross
£25.6K (...%)
Net
South West
Region
Professional
Tenant
No
SPV Held
Self Managed
Management
Multi Tenancy (AST)
Tenancy
Yes
License
7
Bedrooms
7
Bathrooms
7
Occupants

Description

Brilliantly Located 7 Bed HMO

Highlights

Fully Tenanted
Great Location
Strong Rental Demand
Financials
Financials
Monthly
Annual
Gross Rent
£2,968
£35,616
Utilities
£828
£9,936
Net Rent
£2,140
£25,680
Mortgage
Deposit Amount
Loan Amount
APR
Monthly Payment
Annual Payment
This is for illustrative purposes only. Always obtain professional & qualified advice for HMO mortgages.For more information on HMO mortgages click here.
Purchase
Stamp Duty
Legals
Buyers Fee
Mortgage Deposit
Total Capital Required
Disclaimer Purchase costs may vary depending on your individual circumstance. This investment example For full information always check with your solicitor. For more information click here.
Property
Property Type
House
Sub Type
Semi-Detached
Tenure
Freehold
Construction
Stone
Condition
Average
Heating
Gas Central Heating
Double Glazing
None
No Storeys
4
Garage
None
Garden
Rear
Parking
None
No Parking spaces
0
Listed Building
No
Current EPC Rating
59D
Potential EPC Rating
79C
Size
2,809 ft2
Features
Accomodation
Kitchens
4
Kitchenettes
0
Reception Rooms
3
Shared Bathrooms
0
Ensuite Bathrooms
7
Separate WC’s
4
Rentals
Tenant type
Professional
Tenancy Type
Multi Tenancy (AST)
12 Month Occupancy
100
Occupancy
Fully Let
No of Units
7
No of Occupants
7
Type
Status
Amount
1.
Double Room / Ensuite
Let
£390
2.
Single Room / Ensuite
Let
£325
3.
Studio
Let
£650
Total
£2,968
Costs
Type of Cost
Amount
Gas
£202
Water
£188
Wifi
£48
Electric
£263
Cleaner
£0
TV license
£0
Insurance
£34
Council Tax
£93
Total
£828
HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.
Management
HMO Management Type
Self Managed
Management Rate
0%
Monthly Management
£0
Management Notes
HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.
Licensing
HMO License Required
Yes
HMO License Type
HMO License in Place
Yes
HMO License Expiry
2022-02-02
HMO Licensing Cost
£1,000
No of Persons
7
Units of Accommodation
7
Authority
Plymouth City Council
Authority URL
www.plymouth.gov.uk
Planning Use Class
Sui Generis
HMO Licensing varies by local authority. For full information always check with your local authority. For more information on HMO Licensing Click Here.
Floor Plans
Floorplan of this listing is not available.
360º Virtual Tour
360º Virtual Tour of this listing is not available.
Map
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