Sourced are excited to present a great investment opportunity for a 6-bedroom HMO in Wrexham. Already operating as an HMO, this property is located near the town centre, ensuring consistent tenant demand.

Financials have been worked out on 2 options.

Option 1: Bricks-and-Mortar Valuation
▪ Purchase price: £160,000
▪ GDV: £240,000
▪ Refurb cost: £38,000
▪ Purchase costs: £14800
▪ ROCE: 19%
▪ Profit once sold: £19,500

Refinancing Potential:
▪ Annual rent: £36,000
▪ Rental yield: 15%
▪ ROCE: 26%

Option 2: Commercial Valuation
▪ Purchase price: £160,000
▪ GDV: £288,000
▪ Refurb costs: £55,000
▪ Purchase costs: £14800
▪ ROCE: 49%
▪ Profit once sold: £55,000

Refinancing Potential
▪ Annual rent: £36,000
▪ Rental yield: 13%
▪ ROCE: 51%

▪ Sourcing fee: £4,000+VAT

Why Invest?

This property offers dual exit strategies, either through a profitable sale or refinancing to leverage attractive rental yields and ongoing returns.

With refurbishment presenting an opportunity to enhance value, the investment option is further strengthened by Kellogg’s £75 million expansion of their factory in Wrexham, set to become the largest cereal plant in Europe, driving increased demand for HMO accommodations.

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.