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HMO

6 x Bedroom HMO

Crawley

£620,000Fixed price

High Spec refurbishment into 6-bed HMO with 6 Ensuites, comes with outstanding – NO VOID lettings service with own HMO Letting Company the firm believe that high quality translates into better residents and stronger cash flow. Directors are experienced professional property investors.

This is an impressive 6 Bed Ensuite HMO, this turn key property comes fully tenanted and cash flowing £50,400 annually. This is a great hand off investment opportunity as there is already an expert manging agent in place.

  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Investment£620,000
  • Gross Annual Rent£50,400
  • Gross Monthly Rent£4,200
  • Gross Yield8.13%
  • Net Monthly Rent£3,690
  • Net Yield7.14%
  • Min 25% Deposit Requirement£155,000
  • Monthly Mortgage Payment*£969
  • Monthly Cashflow£2,721

*Based on 75% LTV 2.5% APR. Note. Always speak to a qualified HMO mortgage broker for an accurate quote. These rates are an example of the potential % APR rates only. Visit theHMOmortgagebroker.co.uk to find out the latest HMO mortgage rates.

  • Buyers Fee £0

The fee charged to the buyer in addition to the purchase price.

  • Reservation Deposit £2,000

The deposit amount to secure the HMO opportunity. This is fully refundable in accordance with the terms & conditions (see FAQs) and is deducted from the purchasre price upon completion. In the case of this property, the reservation deposit is £2000 then the balance due on completion is £618,000.

  • Property TypeHouse
  • Double GlazingFull
  • Sub TypeMid-Terrace
  • GarageNone
  • TenureFreehold
  • GardenFront & Rear
  • ConstructionBrick & Tile
  • ParkingOff-Road
  • ConditionExcellent
  • No Parking Spaces6
  • HeatingGas Central Heating
  • EPC Rating84B
  • Size725 ft²
  • Listed BuildingNo
  • Kitchens1
  • Reception Rooms1
  • Double Ensuite6
  • Ensuite Bathrooms6
Unit 1 (Double room / ensuite)
£700pcm
Unit 2 (Double room / ensuite)
£700pcm
Unit 3 (Double room / ensuite)
£700pcm
Unit 4 (Double room / ensuite)
£700pcm
Unit 5 (Double room / ensuite)
£700pcm
Unit 6 (Double room / ensuite)
£700pcm

Marketed by

Agent HMO

Call
0203 970 4112

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