Property Investor - Wolverhampton - Ref: 64

Property Information

Ref ID: 64

Date available:

Furnishing: Not Specified

Property type: House of Multiple Occupation

 

Details

3 Year Rent to Rent Opportunity

With Option to Extend Upon Good Behaviour

Readymade 5 Bedroom HMO

St Ann¢--s Road, Coventry, CV2 4EH

Rent to Landlord = £1,300

Finder¢--s Fee = £3,000 + Vat

Potential Gross Income = £2,350 pcm = £28,200 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £443 pcm = £5,316 per annum

Cashflow over 3 years = £15,948

Self Managed = £725 pcm = £8,700 per annum

Cashflow over 3 years = £26,100

For a limited time only, we have managed to secure a readymade and fully furnished five bedroom HMO within proximity to Coventry Town Centre.

The property is comprising comprised five spacious double rooms, large lounge, spacious garden and on road parking. The kitchen has been recently fitted with new work tops and cupboards and comes with oven, washing machine and two fridge freezers.

The property is located in a superb location within proximity to all local amenities, fast-food places, local shops and easy transport links.