HMO in Chester Sold

Location: Chester

Current Value: £250,000

Available To You For: £200,000

BMV Investment Details

Type Beds Value Purchase Price Instant Equity Tenanted Mortgage (month) Rental (month)
HMO 5 £250,000 £200,000 £ 50,000 £437 £2000

About this BMV property

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.

BMV Tags