Plymouth - 5 Year Rent to Rent Readymade and Licensed 10 Bed HMO - Click for more info

Plymouth, Devon
£2,500.00pm Tenancy info

Property Investor App

Posting for 2+ years

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Contact Property Investor App


propertyinvestorapp.co.uk

Property Investor App

Posting for 2+ years

See all ads

Contact Property Investor App


propertyinvestorapp.co.uk
Posted
11 days ago
Seller type
Agency
Date available
23 Mar 2021
Property type
House
Number of bedrooms
10

Description

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

5 Year Rent to Rent with Option to Purchase

Readymade and Licensed 10 Bed HMO

Molesworth Road, Stoke, Plymouth, PL1 5LZ

Rent to Landlord = £2,500 pcm

Purchase Price within 5 Years = £400,000

Finder’s Fee = £5,000 + Vat

Potential Gross Income = £4,000 pcm = £48,000 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Self Managed = £850 pcm = £10,200 per annum

Cashflow Over 5 Years = £51,000

For a limited time only, we have managed to secure a readymade and licensed 10 bed HMO in Plymouth City Centre.

The property is on a 5 year rent agreement with the landlord with an option to purchase for £400,000.

The property is currently vacant but with a high rental demand in the area, once rented, it could definitely achieve great cashflow.

The property is situated in an area within proximity to great transport links, City Centre, hospitals, universities, shopping facilities and all local amenities the city has to offer.

The owner is looking for an operator to show some experience and to demonstrate that they will be able to fulfil the months outgoing of the rent for £2,500 pcm

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

Ad ID: 1400333851


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