HMO in Guisborough, High Yield

The proposed strategy is to acquire and operate the property as a house in multiple occupation, subject to licensing, planning and local authority requirements. The aim is to create strong rental demand and diversified monthly income across several rooms.
This deal is suitable for hands off investors, suitable for investors with limited time or for overseas investors.
This property offers a high yield in rental income, therefor being a great cashflow generating asset.
The agent has highlighted that this deal offers a high return on capital employed, allowing your investment to work hard in generating you income.
This is a turnkey property investment opportunity, meaning that the property does not require any refurbishment, allowing you to earn cashfow or sell the property efficiently.

Financial Information
Current value: £229,995
Purchase price: £229,995
Purchase costs: £81,696.75
Refurb/works cost: £0
Sourcing fee: £4,599
GDV: £229,995
Monthly rent: £3,300
ROI: 39600%
Investment required: £81,696.75