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Super X Bed Pro HMO

Coleridge House, Churchill Gardens London SW1V
Asking Price
£TBC
Gross Yield
TBC%
6
1
4
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floorplan-2

Overview

InvestmentTBC
Gross£48.0K/7.68%
Net£41.3K/6.6%
RegionGreater London
TenantStudent
SPV HeldN/A
ManagementSelf Managed
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms6
Bathrooms1
Occupants4

Description

A well-located House in Multiple Occupation (HMO) property offering strong rental yields and diversified income streams. The property presents an attractive investment opportunity with established tenancies and good growth potential.

Financials

FinancialsMonthlyAnnual
Gross Rent£4,000£48,000
Utilities£0£0
Net Rent£4,000£48,000

Mortgage

Estimate mortgage costs with a few assumptions (LTV, rate, term). Rates and LTV vary by lender.

Payment
Rate
70%
5.5%
25y
Loan
£437,500
Deposit
£187,500
Monthly Payment
£2,687
Repayment
Est. Rent / mo
£4,000

This is for illustrative purposes only. Always obtain professional & qualified advice for HMO mortgages. For more information on HMO mortgages click here.

Property

Property TypeFlat
Sub TypeFlat
TenureLeasehold
ConstructionOther
ConditionGood
HeatingGas Central Heating
Double GlazingFull
No Storeys9
GarageNone
GardenNone
ParkingNone
No Parking spaces0
Listed BuildingYes
Current EPC Rating74C
Potential EPC Rating74C
Sq Ft861 Sq Ft

Management

HMO Management TypeSelf Managed
Monthly Management£560
Management Rate14%

Management Notes

HMO Management for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Management click here.

Rentals

Tenant typeStudent
Tenancy TypeMulti Tenancy (AST)
12 Month Occupancy100
OccupancyPartially Let
No of Units6
No of Occupants4
TypeStatusAmount
1. Double RoomLet£1,100
2. Double RoomLet£1,000
3. Double RoomLet£1,000
4. Single RoomLet£900
Total£4,000

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£0
TV licenseN/A
InsuranceN/A
Council TaxN/A
TotalN/A

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 TypeMandatory
HMO License in PlaceYes
HMO License Expiry2029-12-31
HMO Licensing Cost£1500
No of Persons5
Units of Accommodation4
AuthorityLondon Council
Authority URLN/A
Planning Use ClassC3

Floorplans

floorplan-2
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Coleridge House, Churchill Gardens London SW1V· SW1V 3HX

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