#Ref. 712
Superb 5 Bed Professional HMO
£250K
Investment
Littleton Road Salford
Overview
Financials
Overview
£250,000
Investment
£32.4K/13%
Gross
£26.4K/%
Net
North West
Region
Student
Tenant
TBC
SPV Held
Local Agent
Management
TBC
Tenancy
Yes
License
Bedrooms
4
Bathrooms
Occupants
Description
Highlights
Fully Tenanted
Great Location
Strong Rental Demand
Financials
Financials
Monthly
Annual
Gross Rent
£2,705
£32,460
Utilities
£497
£5,964
Net Rent
£2,208
£26,496
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
Condition
Heating
Double Glazing
No Storeys
Garage
Garden
Rear
Parking
No Parking spaces
Listed Building
Current EPC Rating
75C
Potential EPC Rating
85B
Size
1,248 ft2
Features
Accomodation
Kitchens
1
Kitchenettes
0
Reception Rooms
1
Shared Bathrooms
4
Ensuite Bathrooms
0
Separate WC’s
0
Rentals
Tenant type
Student
Tenancy Type
12 Month Occupancy
Occupancy
Fully Let
No of Units
No of Occupants
Type
Status
Amount
Total
£2,705
Costs
Type of Cost
Amount
Gas
£100
Water
£30
Electric
£100
Cleaner
£60
TV license
£13
Insurance
£40
Council Tax
£100
Total
£497
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
12%
Monthly Management
£325
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
2024-12-19
HMO Licensing Cost
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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