6 Bed HMO, Carlisle, CA1 1NB, £245,000

3 Strand Road, Carlisle, Cumbria, CA1 1NB - 9 views - a year ago

Sold STC
HMO
~75 m²
+11 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,550

Total Cash In

£69,800

 

 

Cash Out

 

Room Rate

£299

Gross Rent

£1,792

Running Costs/mo

£1,767

Cashflow/mo

£25

Cashflow/yr

£300

Gross Yield

9%













Property History

Listed for £245,000

May 2, 2024

Sold for £207,000

2014

Floor Plans

Description

  • Landlord investment opportunity +
  • Sold with sitting tenants +
  • Three storey terraced property +
  • 3 flats ad 3 bedsits +
  • Shared rear yard +
  • HMO fire regulations compliant +

FANTASTIC RENTAL INVESTMENT OPPORTUNITY SOLD WITH SITTING TENANTS ACHIEVING A RENTAL INCOME OF £21,500 PER ANNUM - A three storey townhouse which has been converted to provide three self contained flats and three bedsits with two of those sharing a communal bathroom - all tenanted and providing a combined income of £21,500 per annum. Rear yard and compliant with HMO fire regulations. Situated close to the city centre and University Campus.  The accommodation with approximate measurements briefly comprises:

Agent Details

Cumbrian Properties, Carlisle

01228 276406

Next Steps?

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