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£15,286
ROCE14%
Yield9%
Purchase £ £26,500
Property description
Strategy: HMO
High‑Income HMO with Built‑In Value‑Add Potential
A fully operational five‑bed licensed HMO located in a high‑demand rental area of Luton. The property is well‑configured for multi‑let use, offering five established rooms, communal spaces, and compliant safety features.
With a light refurbishment of approximately £11,000, the layout has the potential to be re‑optimised into a six‑bed HMO, increasing rental capacity and enhancing long‑term returns.
This makes the asset attractive both as a turnkey income‑producing HMO and as a value‑add opportunity for investors seeking uplift.
Key Figures
• Purchase Price: £300,000
• Market Valuation (GDV): £325,000
• Refurbishment Required: £11,000
• Monthly Rent: £2,550
• Fee: £4000
Cashflow Metrics
• Yield: 9%
• ROCE: 14%
• Monthly profit: £1,273
• Annual Profit: £15,286
Why This Opportunity Stands Out
• Existing five‑bed HMO generating strong monthly income
• Potential to convert to six rooms, increasing rental uplift and ROI
• Low refurbishment requirement for additional value creation
• Strong, consistent demand for multi‑let accommodation in LU1
Sourced reference: 338696928867423
Due diligence
No information supplied.
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£15,286
ROCE14%
Yield9%
Purchase £ £26,500
Sales Agent
Imran Ahmed
Lancer Property Developments Ltd
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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