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£15,720
ROCE19%
Yield12%
Purchase £ £99,400
Property description
Strategy: HMO
Coventry 7-Bed HMO
ChatGPT said:
We are excited to introduce this wonderful 7-bedroom property in Coventry, located in a highly sought-after student area.
The property sits in a strong rental location with a wide range of nearby amenities and excellent transport links connecting to the city centre, university, and other key areas. Well connected to main city routes and major commercial zones, this investment offers a high and secure cash flow for investors and individuals taking their first step into property investment.
Given its prime location and area regeneration, the property also presents strong potential for significant capital growth.
Key features:
- 7 spacious bedrooms
- 3 bathrooms
- End of terrace- with private drive- through access to rear garden
- Off-street parking for 3 vehicles
- Strong rental yields potential (HMO)
- Close to transport links
The financials:
▪ Purchase price: £295,000
▪ Refurb costs: £35,000
▪ GDV: £385,000
▪ Annual profit: £15,720
▪ ROCE: 19%
▪ Yield: 12%
Sourced reference: 643494226745154
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£15,720
ROCE19%
Yield12%
Purchase £ £99,400
Sales Agent
Kamran Habib
SE 100-114 LIMITED
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