HMO Portfolio, Chelmsford, Essex SSTC

30 23 0

£2,281,200 House of multiple occupation for sale
SSTC

Description

The Property Advantage is pleased to present this unique investment opportunity to purchase a HMO portfolio in Chelmsford, Essex. The portfolio consists of 5 HMO properties;

Property 1 - 5 bedroom, 5 bathroom (All en-suite)

Property 2 - 7 bedroom, 5 bathroom (3 en-suite)

Property 3 - 6 bedroom, 5 bathroom (2 en-suite)

Property 4 - 6 bedroom, 4 bathroom (2 en-suite)

Property 5 - 6 bedroom, 5 bathroom (4 en-suite)

This is an established HMO portfolio, they are fully compliant and licensed. In total the Gross Income is £205,308 PA and the Gross yield is 9%.

Situated in Chelmsford the properties are all within close proximity to the city centre. Chelmsford is a city and is the county town of Essex. It is a popular commuters destination as it is a 30-35 minute train journey into Central London via the Great Eastern Main Line railway. The properties are all located within walking distance to local amenities and transport links, between 0.6 miles and 1.2 miles.

Income;

Property 1 - £3,071 PCM / £36,852 PA

Property 2 - £3,859 PCM / £46,480 PA

Property 3 - £3,540 PCM / £42480 PA

Property 4 - £3,157 PCM / £37,884 PA

Property 5 - £3,482 PCM / £41,784 PA

Expenditure;

Property 1 - £437.34 PCM / £5,248.08 PA

Property 2 - £512.53 PCM / 6,150.36 PA

Property 3 - £453.16 PCM / £5,437.92 PA

Property 4 - £462.37 PCM / £5,548.44 PA

Property 5 - £516.25 PCM / £6,195 PA

Gross Yield: 9.00%

Buyer Fee: 2.00% + VAT

Reference: TSC-26447985
Floorplan 1 Floorplan 2 Floorplan 3 Floorplan 4 Floorplan 5 Energy Efficiency Chart

Features

  • Unique Investment Opportunity
  • Property Portfolio Of 5 HMOs
  • 30 Bedrooms & 23 Bathrooms
  • Established HMOs
  • Good Condition
  • Gross Income; £205,308 PA
  • Gross Yield; 9%
  • 2% +VAT Buyer's Fee

Enquiry

To make an enquiry for this property, please call us on 01743 612 018, or complete the form below.