House For Sale £175,000
This is an investment opportunity to purchase an HMO property in Wrexham generating £21,780 rent pa & gross yield of 12.4%.
Property information:
- Fully HMO licenced
- Spread over 2 floors
- 4 bedrooms
- Shared lounge
- Shared kitchen
- Comes with a rear garden, accessed via the kitchen
- EPC rating D
- Council tax band C
Rental information:
- Room 1 - £411 pcm, paid weekly
- Room 2 - £560 pcm, paid weekly
- Room 3 - £433 pcm, paid weekly
- Room 4 - £411 pcm, paid weekly
- Monthly rental income: £1,815
- Annual rental income: £21,780
Running costs:
The vendor provided us with the following running costs of the property:
- Council tax: £154 pcm
- Gas & electricity: £350 pcm, before government assistance
- Water: £38 pcm
- Broadband: £28 pcm
- TV licence: £12.90 pcm
- Total cost pcm: £582.90
- Total cost pa: £6,994.80
Location information:
- The property is located close to the town centre of Wrexham
- The town centre is 0.5 miles from the property and can easily be reached on foot
- There is a bus stop a few doors down from the property with regular services
- Wrexham Central railway station is 0.6 miles from the property
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.
Property information:
- Fully HMO licenced
- Spread over 2 floors
- 4 bedrooms
- Shared lounge
- Shared kitchen
- Comes with a rear garden, accessed via the kitchen
- EPC rating D
- Council tax band C
Rental information:
- Room 1 - £411 pcm, paid weekly
- Room 2 - £560 pcm, paid weekly
- Room 3 - £433 pcm, paid weekly
- Room 4 - £411 pcm, paid weekly
- Monthly rental income: £1,815
- Annual rental income: £21,780
Running costs:
The vendor provided us with the following running costs of the property:
- Council tax: £154 pcm
- Gas & electricity: £350 pcm, before government assistance
- Water: £38 pcm
- Broadband: £28 pcm
- TV licence: £12.90 pcm
- Total cost pcm: £582.90
- Total cost pa: £6,994.80
Location information:
- The property is located close to the town centre of Wrexham
- The town centre is 0.5 miles from the property and can easily be reached on foot
- There is a bus stop a few doors down from the property with regular services
- Wrexham Central railway station is 0.6 miles from the property
Note:
Please note that Vesta has not visited this property and that the vendor has provided all material.
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