£6,175,000
13 unit HMO Portfolio
VES-E3-007
INITIAL INVESTMENT
£1,743,500
Based on
deposit: £1,543,750
stamp duty: £185,250
mortgage fees: £1,500
conveyancing fees: £13,000
GROSS RENT
£417,540
GROSS YIELD
6.8%
TENURE
Leasehold
NO OF UNITS
13
TENANCY STATUS
Tenanted
FURNISHED
Yes
TOTAL SQ FT
11,082
PRICE SQ FT
£557
GROUND RENT
£130
SERVICE CHARGE
£19,577
Vendor is open to selling individual properties
A portfolio of very well finished apartments configured as HMOs. The properties reside in trendy hotspots of East London, attracting young professionals working nearby in the City. All properties have been recently renovated and finished to a very good standard. The portfolio as a whole is generating excellent and stable returns.
Portfolio summary
Rental information
Locations
This portfolio is spread over 5 postcodes in London, see the split below:
Available upon request
Note
Please note that Vesta has not visited this property and that all material has been provided by the vendor.
Documents available on request, please contact for viewings or further questions.
The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.
Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.
Tower Hamlets
Newham
Southwark
Lambeth
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Important Note
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Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.
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