REF_HKI3097

FOR SALE -HMO 

DARLINGTON DL3
4 BEDROOM MID TERRACED HOUSE 
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NO LONGER AVAILABLE

PURCHASE PRICE:

CURRENTLY TENANTED:

ROOM RATES (BILLS INC) PW:

EST MORTGAGE PAYMENT PCM:

EST. NET PROFIT PCM:

EST. NET PROFIT PA:

GROSS YIELD PA:

£110,000

YES

£80PW

£137 

£870

£10,437

14%

Hotkey Invest are proud to offer for sale a four bedroom property currently utilised as a HMO. 

 

The property was refurbished only a couple of years ago to a high standard, no further refurbishment needed. Therefore a turnkey investment.

 

Currently three of the four bedrooms are tenanted. 

 

The property has an incredible, approximate, 14% yield based on 90% occupancy.  With an approximate net income of £10,487 per annum.

 

The vendor has indicated that the property comes fully furnished, including white goods.

 

The property has a communal living area and separate fitted kitchen, with a small courtyard to the rear. There are four bedrooms and two bathrooms with walk in showers.

 

It's located in a prime location within a few minutes walk to Memorial Hospital, the town centre and transport links.

 

More information and photos are available on request, please contact a member of the Hotkey Invest Team.

 

KEY FEATURES

 

Freehold

 Tenanted

4 bedrooms 

Great Location 

   Fully Furnished 

14% Yield

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FINANCIALS

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We insist any interested parties must satisfy themselves as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any commitment to participate. Click here for full disclaimer

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Hotkey Invest,
4 High Street, Wem, Shrewsbury, SY4 5AA
DISCLAIMER
IMPORTANT NOTICE: Hotkey Invest trading name for Hotkey Consultancy Ltd for themselves and for the lessors or vendors of this property whose agents they are give notice that:  1. No appliances, services or service installations have been tested and no warranty as to suitability or serviceability is implied. Any prospective purchaser or lessee is advised to obtain verification from their surveyor or solicitor.  2. The particulars are set out as a general outline only for the guidance of the intended purchasers or lessees and do not constitute, nor constitute part of, an offer or contract.  3. All descriptions, calculations, reference to condition and necessary permissions for use and occupation and other details are given in good faith and are believed to be correct but any intending purchasers or lessees should not rely on them as statements or representation of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them before making any commitment to participate.  Calculations have been rounded up or down accordingly. 4. No person in the employment of Hotkey Invest has any authority to make or give any representation or warranty whatsoever in relation to this property.  5. All rentals and prices are quoted exclusive of Stamp Duty, legal and surveyors fees and any other associated purchasers or lessees costs.  6.  Floor plans are indicative only and should not be relied on.  7. The map showing the boundary of the property postcode is indicative only and has not been checked against the legal title so should not be relied on.  8.  All dimensions, floor areas and site areas are only approximate and should not be relied on.  Dimensions are generally maximum room dimensions.  9. Hotkey Invest is not a regulated or licensed investment or financial advisor, therefore please seek independent financial advice.  10. Hotkey Invest is not a property management company for Serviced Accommodation, House of Multiple Occupation, Buy to Let and other, therefore please seek an independent management company before making any commitment to participate.  11. Hotkey Invest cannot be held liable for any losses whatsoever incurred as a result of any decisions made from relying on this report.