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HMO

9 x Bedroom HMO

Paignton, Devonshire

£525,000Fixed price

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Capital Growth Potential
  • Good Transport Links
  • Fully Managed
  • Investment £525,000
  • Gross Annual Rent £52,980
  • Gross Monthly Rent £4,415
  • Gross Yield 10.09%
  • Net Monthly Rent £3,572
  • Net Yield 8.16%
  • Min 25% Deposit Requirement £131,250
  • Monthly Mortgage Payment* £820
  • Monthly Cashflow £2,752

*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 £523,000.

  • Property Type House
  • Double Glazing Full
  • Sub Type Detached
  • Garage None
  • Tenure Freehold
  •  Garden Front & Rear
  • Construction Brick & Tile
  • Parking None
  • Condition Excellent
  • No Parking Spaces 1
  • Heating Gas Central Heating
  • EPC Rating 68D
  • Size 2045 ft²
  • Listed Building No
  • Kitchens 2
  • Double 1
  • Reception Rooms 1
  • Double Ensuite 8
  • Ensuite Bathrooms 8
Unit 1 (Double room / ensuite)
£480pcm
Unit 2 (Double room / ensuite)
£480pcm
Unit 3 (Double room / ensuite)
£480pcm
Unit 4 (Double room / ensuite)
£485pcm
Unit 5 (Double room)
£425pcm
Unit 6 (Double room / ensuite)
£480pcm
Unit 7 (Double room / ensuite)
£600pcm
Unit 8 (Double room / ensuite)
£500pcm
Unit 9 (Double room - ensuite)
£485pcm

Marketed by

Agent HMO

Call
0203 970 4112

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