House For Sale £149,000
This is an investment opportunity to purchase an HMO property in Warrington generating £15,080 rent pa & gross yield of 10.1%.
Please note that this property is also part of a larger portfolio listing and the vendor is open to selling the units individually.
Leasehold information:
- Length of lease: 998 years
- Year lease started: 1903
- Years left on lease: 879 years (from 2022)
- Service charge: N/a
- Service charge review period: N/a
- Ground rent: Peppercorn
- Ground rent review period: N/a
Property information:
- Fully HMO licenced
- Spread over 2 floors
- 3 x double bedrooms
- Shared bathroom
- Shared kitchen
- Shared lounge
- EPC rating C
- Council tax band A
Rental information:
- Room 1 - £433.33 pcm
- Room 2 - £411.66 pcm
- Room 3 - £411.66pcm
- Monthly rental income: £1,256.65
- Annual rental income: £15,079.80
Running costs:
The vendor provided us with the following running costs of the property:
- Council tax: £107 pcm
- Gas & electric: £137 pcm
- Water: £33.71 pcm
- Broadband: £30 pcm
- Cleaner: £34 pcm
- TV licence: £13.25 pcm
- Total cost pcm: £354.96
- Total cost pa: £4,259.52
Location information:
- The property is located in the Bewsey area of Warrington
- Warrington town centre is less than 1 mile from the property
- There is a bus stop near the property with regular services
- Warrington hospital is just a short walk away
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.
Please note that this property is also part of a larger portfolio listing and the vendor is open to selling the units individually.
Leasehold information:
- Length of lease: 998 years
- Year lease started: 1903
- Years left on lease: 879 years (from 2022)
- Service charge: N/a
- Service charge review period: N/a
- Ground rent: Peppercorn
- Ground rent review period: N/a
Property information:
- Fully HMO licenced
- Spread over 2 floors
- 3 x double bedrooms
- Shared bathroom
- Shared kitchen
- Shared lounge
- EPC rating C
- Council tax band A
Rental information:
- Room 1 - £433.33 pcm
- Room 2 - £411.66 pcm
- Room 3 - £411.66pcm
- Monthly rental income: £1,256.65
- Annual rental income: £15,079.80
Running costs:
The vendor provided us with the following running costs of the property:
- Council tax: £107 pcm
- Gas & electric: £137 pcm
- Water: £33.71 pcm
- Broadband: £30 pcm
- Cleaner: £34 pcm
- TV licence: £13.25 pcm
- Total cost pcm: £354.96
- Total cost pa: £4,259.52
Location information:
- The property is located in the Bewsey area of Warrington
- Warrington town centre is less than 1 mile from the property
- There is a bus stop near the property with regular services
- Warrington hospital is just a short walk away
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.
