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£12,228
ROCE20%
Yield11%
Purchase £ £14,780
Property description
Strategy: HMO
Off-market, direct to vendor, fully tenanted turnkey HMO investment. This property is let on a long-term lease to a charity, providing stable income and minimal management involvement. A new 5-year lease commenced in October 2024 with a break clause option in October 2029, giving investors excellent security of tenure.
These properties are ideal for investors seeking hassle-free, reliable, and high-yield returns. Multiple HMOs are available direct from a trusted vendor looking to release equity for other projects. Discounts available for bulk purchases.
Key Financials:
▪ Purchase price: £162,000
▪ Purchase costs: £14,960
▪ Sourcing fee: 2%
▪ Works: N/A
Rental Metrics:
▪ Monthly profit: £1,019
▪ Annual profit: £12,228
▪ Gross yield: 11%
▪ Net yield: 7%
▪ ROCE: 20%
Sourced reference: 562126161459334
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£12,228
ROCE20%
Yield11%
Purchase £ £14,780
Sales Agent
Charlie Clayton
SE 100-100 LIMITED
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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