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On Hold

Super X Bed Pro HMO

BR3
Asking Price
£TBC
Gross Yield
TBC%
7
4
8
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Overview

InvestmentTBC
Gross£96.0K/11.29%
Net£82.5K/9.7%
RegionGreater London
TenantProfessional
SPV HeldN/A
ManagementN/A
TenancyMulti Tenancy (AST)
LicenseYes
Bedrooms7
Bathrooms4
Occupants8

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£7,997£95,965
Utilities£11£135
Net Rent£7,986£95,830

Mortgage

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

Payment
Rate
70%
5.5%
25y
Loan
£595,000
Deposit
£255,000
Monthly Payment
£3,654
Repayment
Est. Rent / mo
£7,997

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 TypeSemi-Detached
TenureFreehold
ConstructionBrick & Tile
ConditionGood
HeatingGas Central Heating
Double GlazingFull
No Storeys3
GarageNone
GardenFront & Rear
ParkingOff-Road
No Parking spaces4
Listed BuildingNo
Current EPC Rating61D
Potential EPC Rating80C
Sq Ft2,120 Sq Ft

Management

HMO Management TypeN/A
Monthly Management£960
Management Rate12%

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 Units7
No of Occupants8
TypeStatusAmount
1. Double RoomLet£650
2. Double RoomLet£750
3. Double RoomLet£750
4. Double RoomLet£750
5. Double RoomLet£800
6. Double RoomLet£750
7. Double Room / EnsuiteLet£850
8. RoomN/A£2,700
Total£8,000

Operating Costs

GasN/A
WaterN/A
WifiN/A
ElectricN/A
Cleaner£100
TV licenseN/A
Insurance£35
Council TaxN/A
Total£135

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 Expiry2025-01-29
HMO Licensing CostN/A
No of Persons7
Units of Accommodation8
AuthorityBromley council
Authority URLN/A
Planning Use ClassN/A

Floorplans

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BR3· BR3 4RQ

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