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£17,460
ROCE35%
Yield14%
Purchase £ £14,500
Property description
Strategy: HMO
High-Yield 6-Bed HMO in Lincolnshire
Introducing a superb 6-bed HMO conversion offering excellent income potential and long-term security. Once fully compliant and license ready, this professionally developed property is designed for maximum rental efficiency and minimal vacancy rates.
With a strong rental yield of 14% investors can benefit from fantastic monthly cash flow, making it an ideal addition to any income focused portfolio. Beyond short term returns, the area shows steady capital growth of 4-6%, providing confidence in long term value and equity uplift.
The property is exceptionally well located, just a short walk from supermarkets, transport links and the town centre, ensuring high demand from tenants year round.
Perfect for both seasoned investors and new entrants to the HMO market, this is a rare opportunity to secure a powerful, high performing asset in a growth area.
The Financials
▪ Purchase price: £139,000
▪ Refurb costs: £55,000
▪ GDV: £240,000
▪ Yield: 14%
▪ ROCE: 35%
▪ Annual profit: £17460
Sourced reference: 233752413616653
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.
Key financials
Profit pa£17,460
ROCE35%
Yield14%
Purchase £ £14,500
Sales Agent
Michael Parry
SILKSTONE ESTATES LIMITED
Smart support to move your deal forward
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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