Available
Buckingham – 5-Bed HMO
5 Fishers Field, Buckingham MK18 1SFFreehold 5-Bed HMO Investment
Price
£425,000
Rent P.A.
£42,600
Yield
10.02%
Tenure
Freehold
Area
980 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises mid-terrace 5-bedroom HMO let to students (all rooms are en-suite)
- Situated within 5 min walk from University of Buckingham and High Street.
Tenure
Freehold
VAT
VAT is not applicable.
Property Description
The property comprises two-storey 5-bedroom HMO, entirely let to students. All rooms benefit from private en-suite and shared kitchen/living room, as well as communal garden at rear, providing the following accommodation and dimensions:
Ground Floor: 1 en-suite room, kitchen, living room
First Floor: 4 en-suite rooms
Total GIA: 91 sq m (980 sq ft)
Ground Floor: 1 en-suite room, kitchen, living room
First Floor: 4 en-suite rooms
Total GIA: 91 sq m (980 sq ft)
Tenancy Description
Room 1 is at present let to an Individual for a term of 11 months from 13th October 2023 at a current rent of £9,000 p.a.
Room 2 is at present let to an Individual for a term of 12 months from 9th January 2024 at a current rent of £8,400 p.a.
Room 3 is at present let to an Individual for a term of 11 months from 30th December 2023 at a current rent of £8,400 p.a.
Room 4 is at present let to an Individual for a term of 12 months from 20th October 2023 at a current rent of £8,400 p.a.
Room 5 is at present let to an Individual for a term of 12 months from 1st October 2023 at a current rent of £8,400 p.a..
Room 2 is at present let to an Individual for a term of 12 months from 9th January 2024 at a current rent of £8,400 p.a.
Room 3 is at present let to an Individual for a term of 11 months from 30th December 2023 at a current rent of £8,400 p.a.
Room 4 is at present let to an Individual for a term of 12 months from 20th October 2023 at a current rent of £8,400 p.a.
Room 5 is at present let to an Individual for a term of 12 months from 1st October 2023 at a current rent of £8,400 p.a..
Tenancies & Accommodation
Location Description
Buckingham is a market town in north Buckinghamshire, England, close to the borders of Northamptonshire and Oxfordshire. Buckingham has a variety of restaurants and pubs, typical of a market town. It has a number of local shops, both national and independent. Market days are Tuesday and Saturday which take over Market Hill and the High Street cattle pens. The property is located within short walk from the High Street which occupies retailers such as WHSmith, Lloyds Bank, Barclays, Ladbrokes, Domino`s Pizza and many more.
Proximity to the University:
The property is situated 5-minute walk from the University of Buckingham.
Proximity to the University:
The property is situated 5-minute walk from the University of Buckingham.
