#Ref. 613
Excellent 6 Bedroom All Ensuite Professional HMO
£425K
Investment
Gattridge Street, Banbury OX16
Overview
Financials
Overview
£425,000
Investment
£40.5K/9.5%
Gross
£34.6K/%
Net
South East
Region
Professional
Tenant
TBC
SPV Held
Local Agent
Management
Multi Tenancy (AST)
Tenancy
Yes
License
Bedrooms
6
Bathrooms
Occupants
Description
Highlights
Fully Tenanted
Great Location
Strong Rental Demand
Financials
Financials
Monthly
Annual
Gross Rent
£3,375
£40,500
Utilities
£487
£5,844
Net Rent
£2,888
£34,656
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
Excellent
Heating
Gas Central Heating
Double Glazing
Full
No Storeys
3
Garage
None
Garden
Rear
Parking
No Parking spaces
Listed Building
No
Current EPC Rating
72C
Potential EPC Rating
Size
1,248 ft2
Features
Accomodation
Kitchens
1
Reception Rooms
1
Ensuite Bathrooms
6
Rentals
Tenant type
Professional
Tenancy Type
Multi Tenancy (AST)
12 Month Occupancy
Occupancy
Fully Let
No of Units
No of Occupants
Type
Status
Amount
Total
£3,375
Costs
Type of Cost
Amount
Gas
£66
Water
£44
Electric
£79
Cleaner
£70
TV license
£29
Insurance
£40
Council Tax
£130
Total
£487
HMO Utilities for incoming buyers is not mandatory, but recommended. For more information surrounding HMO Utilities click here.
Management
HMO Management Type
Local Agent
Management Rate
10%
Monthly Management
£338
Management Notes
This property is a fully managed by a excellent local agent who specialises in HMOs and Co-Living.
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
2024-04-04
HMO Licensing Cost
£1,000
No of Persons
6
Units of Accommodation
6
Authority
Cherwell District Council
Authority URL
Planning Use Class
C4
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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