Professional HMO in Rugby

  • One of HMO Investments in Rugby. Another Joint Venture with a developer that we have worked with a number of times.
  • The property was bought for £320,000 and we will spend approximately £180,000 to create an 11 bed HMO for professionals
  • Each room will rent out for £500 per month which will generate approximately monthly rental income of £5,500.
  • If you would like to get to know more about us, please email on dav@mpinvestments.co.uk or ring on 0121 288 5366.
  • We look forward to hearing from you.

ONE BEDROOM APARTMENT

Purchase Price

Deposit required at 30%

31,725

Mortgage required at 70%

74,025

Rental Income

8,220

Interest payments on mortgage (based on 2.49% interest)

1,843

Estimated annual running costs (service charge, ground rent etc)

1,195

Estimated net profit PA

5,182

Return On Cash Invested

16.33%

Why invest with Midland Property Investments?

Bulk Deal Discount

We are specialists in the provision of high-income producing, buy-to-let property investments in a number of major UK cities. We have many years of experience in assembling bulk deals that has provided both small and large investors with access to heavily discounted investment opportunities.

Off Market Opportunities

We maintain strong relationships with the UK’s leading housebuilders, developers, banks and receivers to ensure we provide our investors with unrivalled opportunities. Almost all of our deals are completely exclusive and not available anywhere else.

Achieve Financial Freedom

Our experienced team has successfully guided many novice investors to financial freedom through our bespoke property investment services whilst also catering for those investors with up to several million pounds to invest in completely off market investments.