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£8,220
ROCE19%
Yield18%
Purchase £ £120,000
Property description
Strategy: HMO
High-Yield HMO Investment Opportunity in Cleethorpes, Lincolnshire
Gross Yield 18%, ROCE 19%
This investment opportunity offers a prime, ready-made House in Multiple Occupation (HMO) located in a highly sought-after area of Cleethorpes in North East Lincolnshire. The property has been fully renovated and strategically configured to deliver immediate, high-margin cash flow, making it an ideal "turn-key" asset for investors prioritising operational efficiency and strong returns. With all major mechanical and cosmetic upgrades already completed, the property is primed for instant occupancy, minimising capital expenditure while maximising rental yield through a layout designed to attract a broad and reliable tenant base.
Key Property Details
• Configuration: Four spacious double bedrooms, featuring two en-suite rooms for premium rental potential.
• Condition: Recently fully renovated throughout; includes a new boiler, modernised electrical systems and contemporary neutral decor.
• Location: Situated in a popular area of Cleethorpes with excellent connectivity, including close proximity to the local railway station.
• Management & Support: Full support package available via Sourced, including SPV company formation, accounting services, specialist commercial finance solutions, and compliant management through a local lettings network.
Financial Performance Highlights
• Projected Gross Yield: 18%
• Return on Capital Employed (ROCE): 19%
• Estimated Annual Income: £21,720
• Rental Structure: Approximately £475 per calendar month (pcm) for en-suite rooms and £430 pcm for standard double rooms.
• Investment Status: A robust, yield-focused asset requiring zero additional expenditure, ready for immediate integration into your portfolio.
To request full compliance documentation or to secure this opportunity, please contact our team today.
Sourced reference: 416177226542557
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£8,220
ROCE19%
Yield18%
Purchase £ £120,000
Sales Agent
Smijo Peter
Crestora Property Group 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