Sourced Approved Investment

Fully Hands-Off Investing East Midlands - House

£ 150,000

Added: 20/05/2025

Profit pa£20,700

ROCE45%

Yield11%

Property description

Strategy: HMO

“Fully Managed, High-Yield HMO Conversions for Low-Level Supported Living in Rotherham”

We are pleased to present this exceptional opportunity for C3 to 6-bedroom, 6-bathroom HMO conversions in South Yorkshire, offering a projected rental income of £36,000 per annum.

Each property has been pre-approved by the provider and pre-inspected by the development team, ensuring that all refurbishment works are agreed upon and fully costed in advance, in line with the provider’s specifications. These investments come with Fully Repairing and Insuring (FRI) leases ranging from 5 to 15 years, providing long-term stability and peace of mind for investors.

▪ Guaranteed rent – No void periods, late payments, or financial uncertainty.
▪ Zero maintenance responsibilities – The provider takes care of all repairs and upkeep.
▪ Hassle-free investment – We can handle everything, from sourcing to securing the lease.
▪ Expert guidance – Our team ensures a smooth process, from purchase to rental.

The Financials:
▪ Purchase price: £150,000
▪ GDV: £340,000
▪ Refurb costs: £108,000
▪ Annual profit: £36,000 (no fees)
▪ Gross yield: 11%
▪ ROCE: 45%

▪ Annual rental income: 36,000

No sourcing fee applies.

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Sourced reference: 288712573322555

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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Due diligence

Supported Living Provider: Housing Home Plus Living

Sales Agent

Matt Matthews

Lean Property Ltd / Triple M Real Estate

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