5 bedroom house in Grange Road, Dudley
Dudley, West Midlands
Property Investor App
Posting for 3+ yearsSee all ads
- 10 days ago
- Seller Type
- Property Type
- Number Of Bedrooms
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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