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Four Bed HMO

Pontefract, United Kingdom

£180,000

  • Guide Price: £180,000
  • Potential Rent of £24,000 Per Annum
  • Gross Yield Of 11.7%
  • Freehold Property
  • No HMO Licence Requirements

For more information please contact our team:

0161 337 3890

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Pure Investor is delighted to bring this four-bedroom, two-bath HMO property for sale in Pontefract. The property offers buyers an instant income as every bedroom is currently tenanted and generating around £23,460 per annum.

Due to the property not being situated in an Article Four area, there is no need for an HMO license to be in place. Boasting a gross yield of 12% this property is one not to be missed.

The property consists of a double bedroom downstairs, dining, communal areas, and a kitchen to the rear. On the first floor are two double bedrooms, one with an ensuite to the front of the property room and a family bathroom to the rear. The largest bedroom is located in the loft.

Investment Information

  • Asking price: £180,000.00
  • Gross Rental Income: £23,460
  • Gross Yield: 13.0%

Outgoing Costs

  • Gas: £105.00pcm
  • Electric: £105.00pcm
  • Water: £45.00pcm
  • Broadband; £36.00pcm
  • Council Tax: £135.00pcm
  • TV Lic: £33.00pcm
  • Cleaner: £60.00pcm
  • Total Outgoing Costs: £6,228.00 per annum
  • Net Rental Income: £17,232.00
  • Net Yield: 8.8%

* The above figures do not include management fees as these can vary.

Additional Information

  • 4 Bedrooms
  • 2 Bathrooms with 1 ensuite
  • No need for an HMO licence as not in an Article 4 area
  • EPC Rating: D

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