HMO property in Nottingham (Gross Income £20k pa)


Location: Nottingham BMV Property

HMO

Current Value: £175,000

Available To You For: £155,000





BMV Investment Details

Type Beds Value Purchase Price Instant Equity Mortgage (month) Rental (month)
Terrace 4 £175,000 £155,000 £ 20,000 £326 £1666

About this BMV property

Bedroom 1 3.36m x 3.03m

Window, radiator, door to the front.


Lounge/Kitchen 5.60m x 3.95m

Range of wall and base units with work surfaces incorporating a stainless steal sink with drainer, cooker/oven point, tiled splash back, plumbing for washing machine, wall mounted boiler, radiator, window and door to the side.



1st floor landing

Shower room, w/c

Vinyl flooring, low level w/c, shower cubicle with electric shower unit, tiled splash backs, radiator, window.

Bedroom 2 3.94m x 3.35m

Window, radiator.

Bedroom 3 3.12m x 2.63m

Window, radiator.



2nd Floor landing

Bedroom 4 3.96m x 3.92m

Window, radiator.

Outside

To the rear of the property there is a yard and rear access.



The gross yield is 13%. There will be costs for utilities and council tax.

This property is located in Nottingham.



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