#Ref. 601
Superb 6 Bed HMO Property
£450K
Investment
Horsecroft Road, Hemel Hempstead, HP1
Overview
Financials
Overview
£450,000
Investment
£57.3K/12.8%
Gross
£50.1K/%
Net
South East
Region
LHA
Tenant
TBC
SPV Held
Self Managed
Management
TBC
Tenancy
Yes
License
Bedrooms
3
Bathrooms
Occupants
Description
Highlights
Fully Tenanted
Great Location
Strong Rental Demand
Financials
Financials
Monthly
Annual
Gross Rent
£4,782
£57,384
Utilities
£600
£7,200
Net Rent
£4,182
£50,184
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
Mid-Terrace
Tenure
Freehold
Construction
Brick & Tile
Condition
Average
Heating
Gas Central Heating
Double Glazing
Full
No Storeys
3
Garage
None
Garden
Front & Rear
Parking
No Parking spaces
Listed Building
Current EPC Rating
Potential EPC Rating
Size
ft2
Features
Accomodation
Kitchens
1
Kitchenettes
1
Reception Rooms
1
Shared Bathrooms
1
Ensuite Bathrooms
2
Rentals
Tenant type
LHA
Tenancy Type
12 Month Occupancy
Occupancy
No of Units
No of Occupants
Type
Status
Amount
Total
£4,782
Costs
Type of Cost
Amount
Gas
£600
Total
£600
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
12%
Monthly Management
£574
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
2024-10-01
HMO Licensing Cost
£1,000
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
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Map
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