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£595,000

Morton Road, Exmouth, EX8

  • 7 beds
Other

£595,000

  • 7 beds
Other
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Estimate monthly mortgage payment:

£2,716 per month

Minimum deposit amount:

£29,750
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A seven room fully licensed HMO with excellent proximity the beach, town centre and transport links. This property creates an annual income of ?47,820 producing an 8% yield. This property consists of a communal kitchen, parking space to the rear, communal living room, six en-suite rooms and a self contained one bedroomed flat.?

Council tax band: X, Tenure: Freehold, EPC rating: C Rooms Room One - Double ground floor room with frontal facing bay window and kitchenette. Adjacent en-suite. Room Two - Double Room with rear access patio door leading onto yard. En-suite. Managers Store Room - Managers Office - Communal Lounge - With door to outside courtyard and parking space and steps leading to the communal kitchen. Shared Kitchen - Two ovens, two washing machines, microwave, two fridge/freezers and a dishwasher. Room Three - Frontal facing bay window. First floor double room with adjacent kitchen and en-suite shower room. Room Four - Double Room with kitchenette and adjacent en-suite with bath and shower. Room Seven (flat) - Two double rooms, kitchen and shower room. Room Six - Attic room with rear facing window, kitchenette and adjacent en-suite shower room. Room Five - Front facing double room with kitchenette and adjacent en-suite shower room.
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£2,716 per month
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Stamp Duty tax
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£8,500
Mortgage and legal costs:
£999
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