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5 Bed HMO

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Derby, Ilkeston
Property Type: Deal Type:
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Deal Description

This is a fully licensed and tenanted 5 bed HMO. The tenants all create a good group dynamic and have individual roles to ensure that the house is kept clean. Four of the tenants are paying £95 per week and one is paying £90. This makes £24,440 per annum. The current bills for the property are £3,861 per annum. These figures are- Gas & Electric £180 per month Water £234 per annum Council Tax £1200 per annum Annual Gas Cert £60 Fire alarm & Pat testing yearly £60.00 Insurance annually £147.00 This can be broken down monthly to £321.75 pcm

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Financials
Deal Fee: £ 5,000
Location
Street Name: Wood street
City:
Area:
Country: United Kingdom
Key Details
Listing Status: HMO
Listing ID: 4326
Rooms: 7
Bedrooms: 5
Bathrooms: 1
Purchase Price (£): 200000
Refurb Cost (£): 0
Gross Income (£/PCM): 0
Gross Yield (%): 11
Proof Of Funds Required: Yes
Key Criteria
Close to Train Station
No Chain
Off Market
Tenanted

Availability

May 2020
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£ 5,000 Deal Fee

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Crossover Property Ltd Nathan

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At Crossover Property, we are a turnkey property investment company working in the Nottingham and Derby area. We can cover all aspects of your investment from sourcing to refurbishing to assisting with the lettings or the sale. We work one-to-one with investors to build the best relationship we can to ensure we can achieve the right investment for them by striving to be professional, collaborative and integrative in our approach.

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