4 bedroom house for rent

5 Year - Rent 2 Rent Opportunity in Wolverhampton


£150 per week
£650 per month
S.O.A.
41

Description

5 Year - Rent 2 Rent Opportunity
Wolverhampton, WV1 4AT

Rent to Landlord = £650 pcm
Finder’s Fee = £4,000

Potential to cashflow:
Self-Managed = £410 pcm = £4,920 per annum
Cashflow over 5 years = £24,600

A ready made fully furnished 4 bedroom HMO. The property is a terraced house arranged over 2 floors in a good rental demand location close to Wolverhampton City Centre.

The beauty with this property is that over the 5 year period, it should generate enough money to fund the deposit to purchase another property within the £100,000 bracket.

Key Points
• 4 Bedroom property
• Fully Fitted Kitchen
• Fully Furnished
• Gas Central Heating
• Double Glazing

Potential Income As HMO = £1,320 pcm = £15,840 per annum

Capital Required
• 1 Month Rent = £650
• Deposit = £0
• Furnishing = £0
• Sourcing Fee = £4,000
• Agent fees = £600

Total amount required = £5,250

We are in contact with a letting agency who would continue to manage this property allowing you a handsfree transaction.

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