House For Sale £222,518
Investment Property for Sale, from a developer with 26 years experience of multi-let property development and subsequent service. Delivering between 10 - 18% yields and a return of £1500 - £2200 pcm and an investment of 20%+ all fully managed.
* Full property management included (this means minimal work for new owner)
* 5-bedrooms including en-suites
* Conservatory lounge
* Fully fitted new kitchen
Perfectly situated in a popular residential area of Barnsley, close to the town centre. This HMO is ideally placed to suit working professionals alike. Local amenities and shops close by. This is a semi-detached house which is being converted into a 5 x ensuite bedroom multi-let house where rents are £100 + per room, per week on average.
Gross monthly income: £2,318 ( £27,820 Annually )
Net monthly Income: £1,818( £21,816 Annually ) after all bills and management fee.
Net Yield if Bought in cash: 9.82% pa
Investor net Yield if Remortgaged: 14.78%
Net Yield based on 64.73% ltv mortgage.
The selling developer has a lettings company which has for a number of years specialised in multi-let rentals only. The above agency is for the sole use of our clients who buy our exclusive deals from us. This agency is currently operating at more than 90% occupancy.
We have a loyal following of excellent investors who would be happy to talk to you about how well we would take care of you. We are extremely confident of them giving us a glowing report.
We look forward to being of service to you.
* Full property management included (this means minimal work for new owner)
* 5-bedrooms including en-suites
* Conservatory lounge
* Fully fitted new kitchen
Perfectly situated in a popular residential area of Barnsley, close to the town centre. This HMO is ideally placed to suit working professionals alike. Local amenities and shops close by. This is a semi-detached house which is being converted into a 5 x ensuite bedroom multi-let house where rents are £100 + per room, per week on average.
Gross monthly income: £2,318 ( £27,820 Annually )
Net monthly Income: £1,818( £21,816 Annually ) after all bills and management fee.
Net Yield if Bought in cash: 9.82% pa
Investor net Yield if Remortgaged: 14.78%
Net Yield based on 64.73% ltv mortgage.
The selling developer has a lettings company which has for a number of years specialised in multi-let rentals only. The above agency is for the sole use of our clients who buy our exclusive deals from us. This agency is currently operating at more than 90% occupancy.
We have a loyal following of excellent investors who would be happy to talk to you about how well we would take care of you. We are extremely confident of them giving us a glowing report.
We look forward to being of service to you.
