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£14,244
ROCE9,999%
Yield12%
Purchase £ £10,300
Property description
Strategy: HMO
TITLE: Unlock 20% Passive Returns: Invest in a Lucrative 6-Bed HMO Conversion
Experienced landlord, small developer and Sourced Partner, Mark Conway is looking to complete this high quality HMO conversion project in Halifax, West Yorkshire. This six bed HMO development is available for Joint Venture passive investment opportunities. The property is currently a spacious four-bed mid terrace property, suitable for a six bed HMO conversion via a re-configuration of the existing rooms. This HMO will be made into a professional standard, then let out to professionals and refinanced once the desired value uplift has been achieved. The expected term for this project is 12 months. Mark has an experienced Project Manager on board, using a build team his PM has previously completed successful projects with.
Investment Financials:
▪ Required Investment: £58,000
▪ Return: 20% PCA
▪ Security: Second Charge
▪ Repayment upon refinance.
For further information, please get in touch.
Sourced reference: 238838469795333
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£14,244
ROCE9,999%
Yield12%
Purchase £ £10,300
Sales Agent
Mark Conway
Mark Conway
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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