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Contact Property Investor App

Property Investor App

Posting for 3+ years

0190277XXXX

5 bedroom house in Grange Road, Dudley

Dudley, West Midlands

£210,000.00

Property Investor App

Posting for 3+ years

See all ads

Contact Property Investor App

0190277XXXX

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Posted
10 days ago
Seller Type
Agency
Property Type
House
Number Of Bedrooms
5

Description

Licensed and Fully Compliant 5 Bedroom HMO

Grange Road, Dudley, DY1 2AJ

Purchase Price = £210,000

Market Value = circa £250,000

Finderâ--s Fee = £3,000 + Vat

Potential Gross Income = £2,252 pcm = £27,024 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £1,132 pcm = £13,584 per annum

Self Managed = £1,402 pcm = £16,824 per annum

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

The property comprises of :
* Five double bedrooms, all with their ensuite bath or shower rooms and just sharing the kitchen.

The property was converted few years ago and operates as a licensed and fully compliant five bedroom HMO.

The property is conveniently situated in a location within proximity to great transportation links and Town Centre, local shops, and all local amenities.

Should a purchaser wish, we also have an investor who would be keen to lease the property on a 5 year guaranteed rent basis - the rent would be need to be negotiated with the operator.
Agent: Property Investor App Limited
Agent Ref: 000061020_127

Ad ID: 1425610958


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