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Joint Venture

JV: HMO in Plymouth South West - Apartment

£ 190,000

Added: 11/09/2025

Key financials

GDV£394,800

Profit£0

ROCE20%

Purchase £ £17,540

Property description

Strategy: Joint Venture

"HMO Conversion Investment Opportunity in Plymouth"

Sourced Partners James Scott and Paul Clarkson are looking for investors to transform a 4-bedroom terraced property into a high-quality 6-bedroom HMO, located near the sought-after Devonport district.

The property sits outside of the Article 4 area, therefore the works can be carried out under permitted development.

There's an opportunity for investors to commit funds to this project on a fixed return basis, for up to 12 months.

Investment Financials:
▪ Required Investment: £66,000
▪ Return: 20% pa
▪ Security: PG
▪ Exit: Repayment upon refinance

Please enquire for full details.

Sourced reference: 197112227914785

Sales Agent

Paul Clarkson

P J J Consultancy

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Due diligence

No information supplied.

Location

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.

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Key financials

GDV£394,800

Profit£0

ROCE20%

Purchase £ £17,540

Sales Agent

Paul Clarkson

P J J Consultancy

Smart support to move your deal forward

Review the numbers

We've pre-crunched the figures for you.

Fund it right

Explore investor friendly mortgages and funding options tailored to your goals.

Find Finance

Line up management

Find a trusted property management company to help keep your investment running smoothly.

Find Management

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

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