Type | Beds | Value | Purchase Price | Instant Equity | Tenanted | Mortgage (month) | Rental (month) |
HMO | 5 | £250,000 | £200,000 | £ 50,000 | £437 | £2000 |
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5 bed HMO near university, currently housing students. Students are signed up for 50 weeks a year, Rents charged are 3 rooms x £90 a week, 2 rooms x £85 a week.
This property complies with all regulations. It could be more lucrative if professionals were housed there, as it was in the past. Previously charged £400-£450 pcm each room.
This property is located in Chester.
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