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£6,874
ROCE11%
Yield9%
Purchase £ £76,600
Property description
Strategy: HMO
HMO, Turnkey 4-bed HMO in Aberdeen, fully tenanted & licensed
Secure an immediate cash-flowing asset in one of Aberdeen's most established rental hotspots, driven by its dual-demand location near the University of Aberdeen and the Aberdeen Royal Infirmary (Foresterhill). This spacious 4-bedroom, 2-bathroom HMO (First & Attic Floors) offers a 10% Gross Yield with a current rental income of £1,600 pcm.
This property is a turnkey investment with existing compliant tenancies, as well as up-to-date safety certifications (Gas & EICR).
Financial Highlights
• Asking Price: Offers around £185,000.
• Current Rental Income: £1,600 pcm (£19,200 pa).
• ROCE: 11%
• Gross Yield: 10%.
• Net Return (Projected): 15%+ (based on 75% LTV at 5% interest).
• Freehold status with no monthly management fees.
Property Specifications
• Layout: Purpose-built first and attic floor flat (approx. 139 m²).
◦ First Floor: Living room, dining kitchen, bedroom 1, bathroom.
◦ Attic Floor: Three bedrooms, shower room.
• Construction: Traditional solid stone walls, pitched slate roof, double-glazed UPVC windows.
• Heating: Gas-fired Vaillant boiler (replaced ~5 years ago) with radiators throughout.
• Compliance: Current HMO License in place. Gas Safety Record (Oct 2025) and EICR (Jan 2026) are valid and compliant.
Location & Market Demand
• Neighbourhood: Established residential area in Aberdeen (AB24), close to major employers, hospital and universities.
• Rental Demand: High. Local comparables suggest rents could potentially reach £1,800 pcm.
• Vacancy Risk: Minimal. The property is currently fully tenanted with a history of on-time payments.
Why This Deal?
• Immediate Income: No void periods; tenants are in situ.
• Refinance Potential: Purchase at £185k against a £190k valuation offers immediate equity for capital recycling.
• Resilient Yields: The 15%+ net return remains robust even under stress scenarios.
• Transparency: Full due diligence pack available including Home Report, Investment Pack, and EPC.
Full Support Package
This opportunity includes access to a comprehensive sourced support package, including:
• SPV company formation and accounting services.
• Specialist commercial finance solutions.
• Fully compliant HMO management via our local lettings network.
• Legal conveyancing team available if required.
Sourced reference: 354828618641192
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£6,874
ROCE11%
Yield9%
Purchase £ £76,600
Sales Agent
Amine Hifi
Terravon LTD
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