House For Sale £295,000
This is an investment opportunity to purchase an HMO property in Bury generating 25,992 rent pa & gross yield of 8.8%.
Property information:
- HMO licence is not required
- Planning use class C3
- 3 x double bedrooms
- 1 x single bedroom
- Shared kitchen
- 1 x shared bathrooms
- 1 x downstairs WC
- Comes with a front and large rear garden
- EPC rating C
- Council tax band B
Rental information:
- Room 1 - £585 pcm
- Room 2 - £585 pcm
- Room 3 - £541 pcm
- Room 4 - £455 pcm
- Monthly rental income: £2,166
- Annual rental income: £25,992
Running costs:
The vendor provided us with the following running costs of the property:
- Council tax: £160 pcm
- Gas: £75 pcm
- Electricity: £75 pcm
- Water: £50 pcm
- TV licence: £13 pcm
- Wifi: £28 pcm
- Cleaner: £60 pcm
- Total cost pcm: £461
- Total cost pa: £5,532
Location information:
- The property is located in the Howard Estate area of Bury St Edmunds
- Bury city centre is around 1.6 miles from the property
- There is a bus stop with regular services just a short walk from the property
- A local convenience store can be reached in a few minutes on foot
- Howard Park is also a short walk from the property
Note:
Please note that Vesta has not visited this property and that all material has been provided by the vendor.
Property information:
- HMO licence is not required
- Planning use class C3
- 3 x double bedrooms
- 1 x single bedroom
- Shared kitchen
- 1 x shared bathrooms
- 1 x downstairs WC
- Comes with a front and large rear garden
- EPC rating C
- Council tax band B
Rental information:
- Room 1 - £585 pcm
- Room 2 - £585 pcm
- Room 3 - £541 pcm
- Room 4 - £455 pcm
- Monthly rental income: £2,166
- Annual rental income: £25,992
Running costs:
The vendor provided us with the following running costs of the property:
- Council tax: £160 pcm
- Gas: £75 pcm
- Electricity: £75 pcm
- Water: £50 pcm
- TV licence: £13 pcm
- Wifi: £28 pcm
- Cleaner: £60 pcm
- Total cost pcm: £461
- Total cost pa: £5,532
Location information:
- The property is located in the Howard Estate area of Bury St Edmunds
- Bury city centre is around 1.6 miles from the property
- There is a bus stop with regular services just a short walk from the property
- A local convenience store can be reached in a few minutes on foot
- Howard Park is also a short walk from the property
Note:
Please note that Vesta has not visited this property and that all material has been provided by the vendor.
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