5-Bed HMO - Grismby

Cash-Only High-Yield HMO Investment Opportunity in North East Lincolnshire

ROCE 25%/Yield 19%

This five-bedroom, mid-terrace property in Grimsby offers a prime, "HMO-ready" opportunity for investors looking to secure a high-cash-flow asset. Recently transformed to meet local licensing standards, this property requires no further renovation, allowing for immediate HMO application and occupancy for rapid integration into an existing portfolio. With its strategic location, functional configuration and robust income potential, this asset is engineered for investors prioritising operational performance.

Financial Highlights
• Purchase Price: £110000 (Strictly Cash Purchase Only)
• Cash Investment Required: £121,500.00 (includes SDLT, legal fees, and associated costs)
• Projected ROCE: 25%
• Gross Rental Yield: 19%
• Projected Annual Rental Income: £22,020

Designed for investors seeking high-yield, low-maintenance assets in an established rental market.

Key Property Features
• Ready-Made Asset: Professionally converted to meet current HMO licensing requirements, minimising initial capital expenditure.
• Configuration: Five spacious, well-proportioned bedrooms, accompanied by an open-plan kitchen and reception area, plus a downstairs shower room.
• Condition: Features gas-fired central heating and double glazing throughout.
• Prime Location: Situated in a prominent Grimsby area with short walking distances to the town centre, local amenities and major bus routes.
• Outdoor Space: Includes a low-maintenance, enclosed rear garden, ideal for communal use.
• Council Tax: Band A.

Important Considerations
• Purchase Requirement: This property is strictly for cash purchase only.
• Strategic Advantage: No onward chain, ensuring a streamlined acquisition process for cash-ready buyers.

Full Support Package
This opportunity includes access to a comprehensive sourced support package, including:
• SPV company formation and accounting services.
• Specialist commercial finance solutions.
• Fully compliant HMO management via our local lettings network.

Next Steps
This asset is competitively priced and positioned for quick acquisition. To request full compliance documentation or to reserve this opportunity, please contact us today.