Tyne And Wear - 4 X Readymade 7 Bed Hmo Portfolio - Click For More Info

Surface size

Bedrooms

7

Bathrooms


West Yorkshire

24/09/2021

Details
Region: England
City: West Yorkshire
Category: Property for Sale
Seller type: Agency
Property type: House
Number of bedrooms: 7
Date: 24/09/2021

Description
If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting: Apple Devices : Search for Property Investor in iOS app store Android Devices : Search for Property Investor in Googleplay app store If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940 33% Below Market Value Portfolio - Consisting of 4 x 7 Bed Houses Income Producing With Scope To Increase Income & Development Plot Chester Oval, Sunderland, Tyne and Wear, SR2 7AF Individual Market Value Per Property = £225,000 Individual Property Price Per Property = £150,000 Combined Purchase Price = £600,000 + £25,000 for plot Finders Fee = £8,000 Potential Gross Income = £144,480 per annum For a limited time only we have managed to secure a readymade and income producing HMO close to Sunderland University and Town Centre. The property is currently vacant as a licenced 4 x 7 Bed HMOs The property is currently licenced for 28 people. Next to one of the properties, there is a building plot which had planning permission (expired in 2018) to build an additional lettable 7 bed HMO which would increase the income. Previously, House 1 was let to International Students. Houses 2 to 4 were let to Young Professionals working for two blue chip companies. HMO licence expires November 2021 If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting: Apple Devices : Search for Property Investor in iOS app store Android Devices : Search for Property Investor in Googleplay app store If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

7 Bds - Ba - m2

Tyne And Wear - 4 X Readymade 7 Bed Hmo Portfolio - Click For More Info

West Yorkshire

24/09/2021

Seller information
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Property Investor App

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AD ID 16804

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