6 bedroom house for rent

Claughton Rd, Dudley DY2 7EA, UK


£231 per week
£1,000 per month
S.O.A.
62

Description

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

7 Year Rent to Rent With Option To Purchase

Claughton Road, Dudley, DY2 7EA

Rent To Landlord = £1,000 pcm

Finders Fee = £5,000

POTENTIAL CASHFLOW

Managed = £734 pcm = £8,808 per annum

Cashflow over 7 Years = £61,656

Self-Managed = £1,025 pcm = £12,300 per annum

Cashflow over 7 years = £86,100

For a limited time only, we have managed to secure a property which is in need of work, but has phenomenal potential to be converted into a 6 bed self contained HMO.

The property is a 2 storey property.

Each of the bedrooms already has:

Own electric meters
Mini kitchenettes as well as a communal kitchen already in place.
Each room has also a en-suite.
The property previously had a HMO license, but has since expired

The owner has had a quote for the works = £6,000. There may be potential to negotiate a option to purchase on this property.

The owner has suggested an approx figure of £220,000 - if this was agreed, the owner would like a option fee payable of £5,000 which would be deducted off the purchase price

If you want to see more deals like this, then please visit the Property Investor website or download the 'Property Investor' app by visiting:

Apple Devices : Search for Property Investor in iOS app store
Android Devices : Search for Property Investor in Googleplay app store

If you are an agent/sourcer and have properties you would like to sell on the Property Investor app work with us get in touch by calling : 01902 773940

Categories

HousesProperty
Call