Overview
InvestmentTBC
Gross£24.7K/13.01%
Net£21.3K/11.2%
RegionWest Mids
TenantProfessional
SPV HeldN/A
ManagementLocal Agent
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms5
Bathrooms5
Occupants5
Description
Part of a portfolio of ten properties in Telford, 51 Bedrooms
Financials
| Financials | Monthly | Annual |
|---|---|---|
| Gross Rent | £2,060 | £24,719 |
| Utilities | £3 | £40 |
| Net Rent | £2,057 | £24,679 |
Mortgage
Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.
Payment
Rate
70%
5.5%
25y
Loan
£133,000
Deposit
£57,000
Monthly Payment
£817
Repayment
Est. Rent / mo
£2,060
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 TypeEnd Of Terrace
TenureFreehold
ConstructionTimber
ConditionGood
HeatingGas Central Heating
Double GlazingFull
No Storeys2
GarageNone
GardenFront & Rear
ParkingOn-Road
No Parking spaces0
Listed BuildingNo
Current EPC Rating67D
Potential EPC Rating79C
Sq Ft1,184 Sq Ft
Management
HMO Management TypeLocal Agent
Monthly Management£0
Management RateN/A
Management Notes
HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.
Rentals
Tenant typeProfessional
Tenancy TypeMulti Tenancy (AST)
12 Month Occupancy100
OccupancyFully Let
No of Units5
No of Occupants5
TypeStatusAmount
1. Double Room / EnsuiteLet£412
2. Double Room / EnsuiteLet£412
3. Double Room / EnsuiteLet£412
4. Double Room / EnsuiteLet£412
5. Double Room / EnsuiteLet£412
Total£2,060
Operating Costs
GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£30
TV licenseN/A
Insurance£10
Council TaxN/A
Total£40
HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.
HMO Licensing
HMO License Information
HMO License RequiredYes
HMO License TypeN/A
HMO License in PlaceYes
HMO License Expiry2024-01-05
HMO Licensing CostN/A
No of Persons5
Units of Accommodation5
AuthorityTelford Council
Authority URLN/A
Planning Use ClassN/A
Floorplans
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Virtual Tour
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Dark Lane Drive Telford, TF3· TF3 2DT