#Ref. 938
5 Bed HMO & 1 x Studio
£520K
Investment
Colfe Way, Kemsley, Sittingbourne, ME10
Overview
Financials
Overview
£520,000
Investment
£41.9K/8.1%
Gross
£36.1K/%
Net
South East
Region
Professional
Tenant
TBC
SPV Held
Local Agent
Management
Multi Tenancy (AST)
Tenancy
Yes
License
Bedrooms
6
Bathrooms
Occupants
Description
Entrance Hall - Front door opens to. With stair access to First Floor and fitted storage cupboard.
Lounge - Generous sized lounge area with fitted feature fireplace surrounded by exposed brick feature wall. With fitted wooden flooring throughout and window bringing natural lighting, the lounge boasts plenty of space for furniture. Door to;
Shower Room - Shower enclosure with overhead mixer tap and surrounding tile walls.
Kitchen - Fitted with a range of wall and base units, with undercounter space and plumbing for appliances. Integral oven, four ring gas hob and overhead extraction fan. Kitchen boasts fully fitted tile flooring and splash back tile walls.
Cloakroom / WC - Suite comprising; Low level WC and wash hand basin.
Bedroom One - Double sized bedroom with fitted wooden flooring and space for additional furniture.
Bedroom Two - Double sized bedroom with exposed brick feature wall and ample space for furniture. Wall-divider provides opportunity to alter room as you see fit.
En-Suite - 3 Piece Suite comprising; Shower enclosure with overhead mixer tap and surrounding tile walls. Low level WC and wash hand basin.
Conservatory - Fitted with tile flooring and floor to ceiling windows to rear aspect.
First Floor Landing - With doors to;
Bedroom Three - Double sized bedroom with fitted wooden flooring and space for additional furniture. Door to;
En-Suite - 3 Piece Suite comprising; Shower enclosure with overhead mixer tap. Low level WC and wash hand basin.
Bedroom Four - Double sized bedroom with space for additional furniture. Door to;
En-Suite - 3 Piece Suite comprising; Shower enclosure with overhead mixer tap. Low level WC and wash hand basin.
Bedroom Five - Double sized bedroom with wash hand basin. Space for furniture.
Bedroom Six - Double sized bedroom with space for furniture.
Shower Room - 3 Piece Suite comprising; Shower enclosure with overhead mixer tap. Low level WC and wash hand basin.
Lounge - Generous sized lounge area with fitted feature fireplace surrounded by exposed brick feature wall. With fitted wooden flooring throughout and window bringing natural lighting, the lounge boasts plenty of space for furniture. Door to;
Shower Room - Shower enclosure with overhead mixer tap and surrounding tile walls.
Kitchen - Fitted with a range of wall and base units, with undercounter space and plumbing for appliances. Integral oven, four ring gas hob and overhead extraction fan. Kitchen boasts fully fitted tile flooring and splash back tile walls.
Cloakroom / WC - Suite comprising; Low level WC and wash hand basin.
Bedroom One - Double sized bedroom with fitted wooden flooring and space for additional furniture.
Bedroom Two - Double sized bedroom with exposed brick feature wall and ample space for furniture. Wall-divider provides opportunity to alter room as you see fit.
En-Suite - 3 Piece Suite comprising; Shower enclosure with overhead mixer tap and surrounding tile walls. Low level WC and wash hand basin.
Conservatory - Fitted with tile flooring and floor to ceiling windows to rear aspect.
First Floor Landing - With doors to;
Bedroom Three - Double sized bedroom with fitted wooden flooring and space for additional furniture. Door to;
En-Suite - 3 Piece Suite comprising; Shower enclosure with overhead mixer tap. Low level WC and wash hand basin.
Bedroom Four - Double sized bedroom with space for additional furniture. Door to;
En-Suite - 3 Piece Suite comprising; Shower enclosure with overhead mixer tap. Low level WC and wash hand basin.
Bedroom Five - Double sized bedroom with wash hand basin. Space for furniture.
Bedroom Six - Double sized bedroom with space for furniture.
Shower Room - 3 Piece Suite comprising; Shower enclosure with overhead mixer tap. Low level WC and wash hand basin.
Highlights
Fully Tenanted
Great Location
Strong Rental Demand
Financials
Financials
Monthly
Annual
Gross Rent
£3,495
£41,940
Utilities
£481
£5,772
Net Rent
£3,014
£36,168
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
Detached
Tenure
Freehold
Construction
Brick & Tile
Condition
Good
Heating
Gas Central Heating
Double Glazing
Full
No Storeys
2
Garage
None
Garden
Front & Rear
Parking
No Parking spaces
3
Listed Building
No
Current EPC Rating
64D
Potential EPC Rating
77C
Size
1,388 ft2
Features
Accomodation
Kitchens
1
Reception Rooms
1
Shared Bathrooms
2
Ensuite Bathrooms
4
Separate WC’s
1
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
£3,495
Costs
Type of Cost
Amount
Gas
£90
Water
£60
Electric
£120
TV license
£13
Insurance
£0
Council Tax
£158
Total
£481
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
%
Monthly Management
£0
Management Notes
Local Agent
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
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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