R2R - HMO - Essex - Exceptional Returns

A rare opportunity to secure a substantial, fully refurbished 12-bedroom, 12 en-suite HMO, arranged across two self-contained six-bedroom dwellings, ideally suited to a company let or corporate accommodation provider. Finished to a high specification throughout, this property offers modern, low-maintenance accommodation in a prime town centre location and offers ample parking.

Full management and utilities setup is also available.

The block is also available as a partial package - i.e. it is possible to take on 6 rooms rather than the full 12, if desired.

Financials:

Financials @ 70% occupancy (based on all 12 rooms fully furnished excluding management):
Investment required = £28,600
Average nightly rate = £1,080 (£90 per room)
Monthly profit = £12,155
Annual profit = £145,860
ROCE = 294%

Please contact for further info.