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£16,068
ROCE20%
Yield15%
Purchase £ £44,600
Property description
Strategy: HMO
4-Bed HMO Opportunity – Guaranteed Rent – Bourne, Lincolnshire
We are pleased to present an outstanding HMO opportunity in Bourne. This project represents an exciting chance for investors to secure strong cash flow and significant capital growth through a high-demand, high-yield property. Completely 'hands off' investment opportunity. Offering a guaranteed income of £21,618 PA and gross yield of 15%.
Currently on a guaranteed rent agreement, this really is the perfect investment if you are looking to be completely hands-off. The tenant maintains the property – no voids.
- 5-year lease
- “Blue-chip” tenant contracting with UK Government
- No voids No management costs.
- To be converted to a 4-bed HMO
- Potential ROCE: 20.46%
- Return on Investment 11%
How the scheme works
- Purchase the property Complete any refurbishments required
- Obtain the necessary statutory compliance documents (e.g. Fire Risk Assessment, Gas Safety Certificate, Electrical Installation Condition Certificate (EICR), and EPC)
- Your property will be inspected to confirm compliance with the tenant and local authority property requirements, including statutory compliance
- Your property will be signed onto the scheme, and a lease will be executed
- Rent is paid to you from the date that your property is signed onto the scheme, one month in arrears
The financials:
▪ Purchase price: £140,000
▪ Gross rental income: £21,618 PA
▪ Cash Purchase - Net yield: 11%
Key Highlights:
> Completely hands off investment offering a guaranteed income of £21,618 PA – Bills and maintenance covered by tenants.
> Guaranteed rent agreement
> Low purchase price with excellent entry point for investors.
> Ideal for investors seeking robust cash flow and long-term capital appreciation.
> Net yield: 11%
Sourced reference: 471348182139746
Due diligence
No information supplied.
Location
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£16,068
ROCE20%
Yield15%
Purchase £ £44,600
Sales Agent
Rory Kenny
Property Panacea
Smart support to move your deal forward
Review the numbers
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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