What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network
Key financials
Profit pa£30,303
ROCE27%
Yield11%
Purchase £ £60,400
Property description
Strategy: HMO
A turnkey, income-producing Liverpool HMO offering immediate cash flow from completion. Tenants are in situ, there is no capex required beyond standard purchase costs, and major improvements have already been completed, including a new boiler system, new roof, and new UPVC windows.
The seller is currently in discussions with Local Authority Building Control regarding the application for a Certificate of Lawful Existing Use or Development (CLEUD). According to the seller, the property has operated as an HMO for over 10 years and, on that basis, they do not anticipate any objections to the CLEUD being granted.
This is a strong yield-led opportunity for investors seeking a low-maintenance asset with day-one income and clear rental upside.
Property highlights:
• 10 bedrooms
• Block of flats
• Tenants in situ – income from day 1
• Nil capex stated
• New boiler system
• New roof
• New UPVC windows
• HMO licence in place
• CLEUD being obtained
• Parking to front and side
Key financials (Est):
• Target purchase price: £590,000
• Monthly rent: £4,450 pcm / Uplift potential to £5,560
• Annual rent: £53,400 / Uplift potential to £66,720
• Gross yield: 11%
• Monthly NET: £2,525
• Annual NET: £30,303
• ROCE: 27%
• 75% LTV mortgage: £450,000
• Deposit (25%): £150,000
• SDLT: £50,000
• Solicitor fee: £1,900
• Sourcing fee: £7,000 +VAT
• Insurance: £1,500
• Purchase costs: £60,400
• Total investment required: £210,400
For further details or to invest please contact.
Sourced reference: 133368229613784
Due diligence
No information supplied.
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Key financials
Profit pa£30,303
ROCE27%
Yield11%
Purchase £ £60,400
Sales Agent
Besnik Vrapi
Lendwell Properties Limited
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What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network