Turnkey Ready-Let HMO
About this property
Ready Let Turnkey HMO Southern England 14% yield.
Fully occupied professional person 6 bedroom HMO in Southern England within walking distance of hospital and train station with trains to London.
FINANCIALS
Purchase Price: £425,000
Investment Required : £140,450 with 75% LTV
Income: £4,860.pcm / £58,320p/a
Profit: £3,531.pcm / £42,372p/a
ROCE: 30%
Gross Yield: 14%
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For further information, get in touch.
Investment calculators
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.