- 4 Bed 2 Bath HMO Property +
- Generating Just Below £24,000 Per Anum +
- Gross Yield Of 13% +
- Freehold Property +
- Not In a Article 4 Area So No Need For HMO Licence +
- Currently Fully Tenanted +
Pure Investor is delighted to bring this four-bedroom, two-bath HMO property for sale in Pontefract. The property offers buyers an instant income as every bedroom is currently tenanted and generating around £23,460 per annum. Due to the property not being situated in an Article Four area, there is no need for an HMO license to be in place. Boasting a gross yield of 13% this property is one not to be missed.
The property has a double bedroom downstairs, dining, communal areas, and a kitchen to the rear. On the first floor are two double bedrooms, one with an ensuite to the front of the property room and a family bathroom to the rear. The largest bedroom is located in the loft.
Investment Information
- Asking price: £180,000.00
- Gross Rental Income: £23,460
- Gross Yield: 13%
Outgoing Costs
- Gas: £105.00pcm
- Electric: £105.00pcm
- Water: £45.00pcm
- Broadband; £36.00pcm
- Council Tax: £135.00pcm
- TV Lic: £33.00pcm
- Cleaner: £60.00pcm
- Total Outgoing Costs: £6,228.00 per annum
- Net Rental Income: £17,232.00
- Net Yield: 9.57%
* The above figures do not include management fees, as these can vary.
Additional Information
- 4 Bedrooms
- 2 Bathrooms with 1 ensuite
- No need for an HMO licence as it is not in an Article 4 area
- EPC Rating: D