Property Details

4 bedrooms
Sherrat Street
    Valued: £135,000
    Would accept: £130,000
    SDLT: £4000
    Legal fees: £850
    Deposit: £32,500
    Acquisition costs: £37,350
    Mortgage: £97,500 + 3% arrangement fee = £100,425
    Mortgage Pcm @ 3.49% interest only = £292.06
    Insurance: £25
    Outgoings: £317pcm (single let)
    £727pcm (HMO inclusive bills)
    Rent: £695 pcm (single let)
    £1400 pcm (£350 per room) (HMO -full occupancy)
    Positive income: £378 (single)
    £673 (HMO - full occupancy)
    Yield: 6.4% (single)
    12% (HMO - full occupancy)
    ROI: 12.1% (single)
    21% (HMO - full occupancy)


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.