4 En-Suite HMO Bradford
About this property
4 Double Bed All En-Suite HMO in Bradford
- Yorkshire
- BTL/ BRRR/ HMO/ Conversion
- 4 Bedroom Mid Terrace modern townhouse use as is or convert to luxury all ensuite
Key property details:
- Freehold
- 119sqm
- EPC C
- Council tax band D
- Vacant possession
- No chain
This property has the potential to be an all ensuite 4 bedroom hmo. It is currently a 4 bedroom 2 bathroom layout. I have allowed £30,000 to complete this work although that figure does also allow for kitchen alterations should they be required. Please remember, we will view the property, negotiate the price and pursue the purchase through to exchange on your behalf, if you so wish. To move forward, you will need to sign our contract, provide proof of funds, and complete all necessary anti money laundering and identity checks. If you need funding, an SPV to hold your property or a managing agent to find tenants and collect rent then these can be arranged separately by Sourced head office in Warrington.
Purchase Price - £205,000
Stamp Duty - £11,850.
Sourcing Fee - £4,920 inc vat
Building Works Estimate - £30,000
New Value Estimate - £250,000
Max Rent - £25,800
Gross Profit - £16,425
ROCE 22%
If you are interested in this or other opportunities we have, or would like us to find a specific opportunity for you please contact
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Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.