HMO in Doncaster, High Cashflow

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 can generate high cashflow.
This property offers a high yield in rental income, therefor being a great cashflow generating asset.
This property is a fully operational, licensed HMO.

An excellent investment opportunity to acquire this substantial 6 bedroom HMO situated in a popular residential area of Doncaster. The property offers spacious and well presented accommodation throughout, comprising six lettable bedrooms, three modern bathrooms, communal living facilities, and a fitted kitchen. Externally, the property benefits from both front and rear gardens, providing outdoor space for tenants, together with a private driveway offering off-street parking. The property’s size, layout and location make it ideally suited to professional tenants or students, delivering strong rental demand and attractive investment returns.

Financial Information
Current value: £250,000
Purchase price: £250,000
Purchase costs: £84,000
Refurb/works cost: £0
Sourcing fee: £5,000
GDV: £250,000
Monthly profit (£): £2,575
Annual profit: £30,900
Monthly rent: £3,200
Annual rent: £38,400
ROCE (%): 37%
Yield: 15%
Money left after refinance: £84,000
Investment required: £84,000