House For Sale £190,000
ARE YOU LOOKING TO PURCHASE A HMO WHICH COULD ACCOMMODATE STUDENTS, PROFESSIONALS OR CONTRACTORS IN MIDDLESBROUGH?
Ashbrookes are pleased to present the second property we have acquired on Belle Vue Grove, TS4. Both properties can be purchased together.
This 5 bed HMO property situated In TS4 is perfect for students, professionals, and contractors. After undergoing a major renovation, this property is now ready for tenants. Belle Vue Grove comprises of 5 bedrooms, 2 bathrooms and 2 extra WCs with an HMO approved licence.
Your NET annual take home (after bills and management have been deducted) would be £18,360 PA / £1,530 PCM. This gives you a return of 9.5% at asking price.
*Please note if you are purchasing with a mortgage, you will have a further mortgage payment to deduct from the above figures. At Ashbrookes we include a CAP into the bills of £20 per week per room which has been calculated in the NET figures, this clause is included in the tenants’ contracts and recharged back to them if they go over their monthly spend cap.*
If you wish to view this property before it gets snapped up or seek further information, please call us on[use Contact Agent Button] (option 1).
Measurements:
Living Room/Room 1 11'7" x 11'3" (3.53m x 3.43m)
Dining Room/Room 2 14'1" x 8'4" (4.3m x 2.54m)
Kitchen 21'3" x 10'6" (6.48m x 3.2m)
Bedroom 1/Room 3 18'3" x 11'8" (5.56m x 3.56m)
Bedroom 2/Room 4 12'3" x 12'1" (3.73m x 3.68m)
Bedroom 3/Room 5 13' x 10'8" (3.96m x 3.25m)
Shower Room
Shower Room
Downstairs WC
Upstairs WC
Accommodation & Amenities:
- 5-bedroom house share
- 125 Square Metres total floor area
- £2,075pcm achievable in rent PCM
- NET return of 9.5% at asking price
- 5-minute commute to James Cook University hospital for working professionals
- 8-minute commute to Teesside University
- Management available
- HMO licence acquired
- EICR certificate available upon request (Electric only in the property)
- Off Street parking
Ashbrookes are pleased to present the second property we have acquired on Belle Vue Grove, TS4. Both properties can be purchased together.
This 5 bed HMO property situated In TS4 is perfect for students, professionals, and contractors. After undergoing a major renovation, this property is now ready for tenants. Belle Vue Grove comprises of 5 bedrooms, 2 bathrooms and 2 extra WCs with an HMO approved licence.
Your NET annual take home (after bills and management have been deducted) would be £18,360 PA / £1,530 PCM. This gives you a return of 9.5% at asking price.
*Please note if you are purchasing with a mortgage, you will have a further mortgage payment to deduct from the above figures. At Ashbrookes we include a CAP into the bills of £20 per week per room which has been calculated in the NET figures, this clause is included in the tenants’ contracts and recharged back to them if they go over their monthly spend cap.*
If you wish to view this property before it gets snapped up or seek further information, please call us on[use Contact Agent Button] (option 1).
Measurements:
Living Room/Room 1 11'7" x 11'3" (3.53m x 3.43m)
Dining Room/Room 2 14'1" x 8'4" (4.3m x 2.54m)
Kitchen 21'3" x 10'6" (6.48m x 3.2m)
Bedroom 1/Room 3 18'3" x 11'8" (5.56m x 3.56m)
Bedroom 2/Room 4 12'3" x 12'1" (3.73m x 3.68m)
Bedroom 3/Room 5 13' x 10'8" (3.96m x 3.25m)
Shower Room
Shower Room
Downstairs WC
Upstairs WC
Accommodation & Amenities:
- 5-bedroom house share
- 125 Square Metres total floor area
- £2,075pcm achievable in rent PCM
- NET return of 9.5% at asking price
- 5-minute commute to James Cook University hospital for working professionals
- 8-minute commute to Teesside University
- Management available
- HMO licence acquired
- EICR certificate available upon request (Electric only in the property)
- Off Street parking
