Sourced are excited to present this ready-made investment opportunity. This spacious 5-bedroom family home is currently set up as an HMO, requiring only minimal refurbishment to enhance its appeal and profitability.

Property details:
- 5 bedrooms
- 2 shower cubicles
- 1 WC
- 1 bathroom

Financials:
▪ Purchase price: £170,000
▪ GDV: £215,000
▪ Refurb costs: £10,000
▪ Profit (if sold): £16,500
▪ ROCE:
- Upon sale: 23%
- From rental income: 21%

Rental income:
▪ Annual: £30,000
▪ Monthly: £2,500
▪ Yield: 14%
▪ Sourcing fee: £4,000+Vat

This is an excellent opportunity to acquire a ready-made HMO property with significant ROI potential, located in an in-demand area of Telford with excellent access to a range of transport links, schools and amenities.

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.