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Under Offer 6 Bedrooms 0 Bathroom 0 Reception Guide Price £325,000
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Teesdale, Southgate West, RH11 - Guide Price £325,000

The Stamp Duty for this property would be £6,250    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 2,500
Above 250,000 and up to 925,000 5 £3,750
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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Guide Price £325,000 - £375,000 HMO Investment Sale. Six Bedroom House located within Southgate, Crawley. Rents produce a Monthly Income of £2,500 and a Gross Per Annual Income of £30,000. Rented on a HMO basis over 6 years with a 98.3% occupancy rate based on rents collected January to December.

The property is located within half a mile from the No.10 Bus Route, which runs 24hrs a day to Gatwick every 15 minutes peak time to every 30 minutes off peak time.

This is a great investment and an excellent yield return, call now to arrange a viewing.

All rents are due for an increase which will increase the yield.

Current Rents -

Room 1 - Single Room £430.00 (Rent Increase £475.00)

Room 2 - Single Room £430.00 (Rent Increase £475.00)

Room 3 - Single Room £430.00 (Rent Increase £475.00)

Room 4 - Single Room £400.00 (Rent Increase £450.00)

Room 5 - Single Room £430.00 (Rent Increase £475.00)

Room 6 - Single Room £380.00 (Rent Increase £425.00)

Total Current Rent Income £2500,00 = Gross Income £30,000

Total Income after Rent Increase £2775.00 = Gross Income £33,300

Current Overheads

Council Tax £1327.76
Water £150.00
Waste Water £108.00
Electric £900.00
Gas £900.00
Phone Line/Wi-Fi/CCTV £480.00
Insurance £300.00
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This property is currently Under Offer. However, register your details below and we will contact you if it becomes available again.
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Letting Fee Information

1) Tenant Referencing Fee - 1st Applicant £200.00 + VAT = £240.00. Plus £100.00 + VAT = £120.00 for each tenant thereafter.

2) Admin Fee for Tenant  (Check out )
    Studios, One Bedroom, Two Bedrooms -  £120.00 + VAT £24.00 = £144.00
    Three Bedrooms -  £150.00 + VAT £30.00 = £180.00
    Four Bedrooms -  £200.00 + VAT £40.00 =£240.00
    Five Bedroom -  £250.00 + VAT £50.00 = £300.00

3) Holding Deposit - £300.00 which will be deducted off the first month’s rent.

4) Tenancy Renewal - £100.00 + VAT = £120.00

5) Tenancy Deposit - Typically six weeks of the monthly rent, lus first month’s rent in advance. (For Example. Rent £1000.00 per calendar month paid in advance. Tenancy Deposit £1500.00. (six weeks rent) full amount payable at start of tenancy £2500.00.)