|Type||Beds||Value||Purchase Price||Instant Equity||Mortgage (month)||Rental (month)|
|Terrace House||4||£160,000||£128,000||£ 32,000||£288||£1560|
This is a 4 bed HMO unit which comes with an optional underwritten rent of £55 per room per week for 3 years making the net yield of 9%. With a commercial value of £160,000 we have secured a 20% discount for a net price of £128,000.
This property currently achieves a gross £18,720 per annum which equals 14.6% gross yield.
1. You can purchase this unit outright with a current net rent of £14,348 per annum and net yield of 11.2%.
2. You can purchase this unit with an underwritten rent of £55 per room per week fixed for 3 years making the net yield of 9%.
This property is located in Nottingham.