Nottingham - 5 Bed Licensed Hmo In Article 4 Area & 2 Bed Flat In One Building - Click For More Info
Surface size
m²
Bedrooms
7
Bathrooms
New Basford
03/08/2021
Details
Region:Forest Fields
City:New Basford
Category:Property for Sale
Seller type: Agency
Property type: House
Number of bedrooms: 7
Date:03/08/2021
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:
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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
Readymade and Licensed 7 Bed HMO
5 Bed Licensed HMO in Article 4 Area and 2 Bed Flat in One Building
Beech Avenue, New Basford, Nottingham, NG7 7LJ
Purchase Price = £350,000
Finder’s Fee = £5,000 + Vat
Potential Gross Income = £2,460 pcm = £29,520 per annum
CASHFLOW AFTER ALL THE ABOVE COSTS
Managed = £835 pcm = £10,020 per annum
Self Managed = £1,130 pcm = £13,560 per annum
For a limited time only, we have managed to secure a readymade and licensed 7 Bed HMO close to Nottingham City Centre.
The property comprises of 5 Bed Licensed HMO and 2 Bed Flat in One Building.
The property is currently let to doctors and medical professionals
The property is in area with high rental demand which makes it ideal for working tenants.
The property is situated in area that has great transport connections, superb schools, close to City Centre and shopping facilities the city has to offer.
From our research, we believe that the individual elements of this property could be valued as follows:
2 Bedroom Flat = worth circa £110,000+
5 Bedroom House = circa £270,000 +
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
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Nottingham - 5 Bed Licensed Hmo In Article 4 Area & 2 Bed Flat In One Building - Click For More Info
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