HMO

10 x Bedroom HMO

Worcester, Worcestershire

£750,000Fixed price

  • Fully Tenanted
  • Fully Refurbished
  • Great Location
  • Strong Rental Demand
  • Good Transport Links
  • Fully Managed
  • Investment £750,000
  • Gross Annual Rent £75,120
  • Gross Monthly Rent £6,260
  • Gross Yield 10.02%
  • Net Monthly Rent £5,550
  • Min 25% Deposit Requirement £187,500

*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.

Unit 1 (shop/retail)
£625pcm
Unit 2 (Double room / ensuite)
£550pcm
Unit 3 (Double room / ensuite)
£550pcm
Unit 4 (Double room / ensuite)
£595pcm
Unit 5 (Double room / ensuite)
£595pcm
Unit 6 (Double room / ensuite)
£595pcm
Unit 7 (Double room / ensuite)
£550pcm
Unit 8 (Double room / ensuite)
£550pcm
Unit 9 (Double room - ensuite)
£550pcm
Unit 10 (Double room / ensuite)
£595pcm
Unit 11 (Double room / ensuite)
£550pcm
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Agent HMO

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0203 970 4112

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Investment Card

Rental income

£6,260 pcm

Est. costs

£1,730 pcm

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Breakdown (pcm)

Mortgage @3.69%
(interest only)
£1,730
Management @10%
£626
Voids @10%
£626
Maintenance @5%
£313
Council Tax
£110
Broadband
£27
Insurance
£25
Cleaner
£60
TV Licence
£12
Cashflow £4,530
10.0%

Gross Yield

7.2%

Net Yield

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Purchase costs


Deposit @25%
£187,500
Stamp Duty
£50,000
Legal
£1,500
Total cash needed £239,000
22.7%

Net ROCI