Placeholder

Shelby Road SE20 8ST

£700,000 Fixed Price
  • Availability: For Sale
  • Tenure: Freehold
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Property Summary

Bedroom - 6bed HMO

4 rooms have kitchenette
2 rooms standard double
Average room price - £650pcm
2 bathrooms
2 toilets
1 office
1 lounge

Already tenanted revenue £3000pcm
Can purchase with or without tenants

Value at: 700,000
Selling at: 650,000 (open to offers)

Achievable rent: £3900pm

Total Money In 💳: £188,500
£162500 depo (25%)
£26000 tax & legal (4%)

Total Monthly expense ❎: £1999pm
Mortgage = £1219pm
Management = 390pm (10% of rent)
Contingency = 390pm (10% of rent)

ROI 💰
Monthly Cashflow = £1901pm
Annual Cashflow = £22812pa
ROI = 12%

Rental Yield 💰
6%