HMO Investment Opportunity Stockport offering fixed returns of

Recently refurbished 5 bed HMO in the popular area of Stockport, Cheshire. Really modern conversion, newly furnished to a modern and contemporary standard, refurbished with professional tenants.  Situated on a good street and just a couple of minutes’ walk to the train station providing access into Manchester Piccadilly in just 14 minutes and on the outskirts of one of the fastest growing cities in the world. All 5 bedrooms have their own en-suite and is tenanted by professionals. Stockport, Cheshire itself…

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Recently refurbished 5 bed HMO in the popular area of Stockport, Cheshire. Really modern conversion, newly furnished to a modern and contemporary standard, refurbished with professional tenants.  Situated on a good street and just a couple of minutes’ walk to the train station providing access into Manchester Piccadilly in just 14 minutes and on the outskirts of one of the fastest growing cities in the world.

All 5 bedrooms have their own en-suite and is tenanted by professionals.

Stockport, Cheshire itself is very in demand area, and has seen a 40% increase in value over the last 5 years, with this property being 40% below the independent HMO valuation, you could say that you are buying at prices from 5 years ago, and this area is perfect for professionals commuting to Manchester.

SEE BELOW FOR FINANCIALS

Financial analysis – CASH PURCHASE

  • Price = £300,000
  • 5 bed net rental income = £36,000
  • Net ROI: 12% per annum
  • Fully secured freehold HMO property investment.
  • Net rental monthly income: £3,000 per month.
  • Fully managed hands-off property investment.
  • Non-status 60% mortgage available
  • No bills, no void periods and no maintenance.

 

Financial analysis MORTGAGE*

  • Price = £300,000
  • Deposit 40% = £120,000
  • Non-status interest free mortgage = £180,000
  • Net rental income = £36,000
  • Net Returns on Invetsment = 30% per annum
  • No bills, no void periods and no maintenance.

 

Email: [email protected]

WhatsApp: +(44)7435969456