Sourced Approved Investment

Hands-Off Social Housing East Midlands - House

£ 200,000

Added: 21/02/2025

Profit pa£18,845

ROCE31%

Yield11%

Property description

Strategy: HMO

Deal 52 - Hands-Off BRRR: Huntingdon

This is a 3-bedroom terraced Home in Huntingdon converted to 5-bedroom HMO. With blue-chip tenant (Serco) rent guaranteed for 6 years 11 months.

Comprehensive management services included:
- Blue-chip tenant (SERCO): Secure tenancy with a reputable organisation.
- Rent guaranteed for 6 years 11 months: Eliminate void periods and ensure consistent income.
- More than 25% above local housing authority (LHA) rates: Maximise your rental returns.
- Property maintenance and refurbishment included: Enjoy a hands-off investment experience.
- No voids (rent guarantee): Protect your income stream.
- Rent review at midway point of contract: Potential for increased returns.
- Tailored financing options: Flexible solutions to suit your investment needs.
- Detailed viewing report (building works): Complete transparency and due diligence

Key Investment Highlights:
▪ Purchase price: £200,000
▪ GDV: £250,000
▪ Refurb costs: £25,000
▪ Annual profit: £18,845
▪ ROCE: 31%
▪ Gross yield: 11%

▪ Estimated monthly rent: £2,351.70

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Sourced reference: 661478541181152

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.

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Due diligence

Secure, High-Yield Investment: Long-Term Lease with Blue-Chip Tenant (Serco)

Acquire a fully compliant, 5-bedroom HMO in Huntingdon, meticulously designed to meet the specifications of a blue-chip tenant, Serco. Enjoy a guaranteed, hands-off income stream with a secure 6-year, 11-month lease.

Key Investment Highlights:
Guaranteed Passive Income: Secure rental income for nearly 7 years, eliminating void periods and ensuring consistent cash flow.
Blue-Chip Tenant Security: Partner with Serco, a reputable and financially stable organisation, minimising risk and maximising reliability.
Premium Rental Income: Benefit from rental rates X% above the Local Housing Authority (LHA) rates, significantly enhancing your returns.
Comprehensive Management: Enjoy complete peace of mind with full management services, including property maintenance, refurbishment, and rent collection.
Mid-Term Rent Review: Potential for increased returns with a scheduled rent review at the midway point of the lease.
Strong Growth Potential: Capitalise on Huntingdon's thriving rental market and potential for significant capital appreciation.
Tailored Financing Options: Explore flexible financing solutions to optimise your investment strategy.
Detailed Due Diligence: Receive a comprehensive viewing report, including a detailed overview of all building works.

This is an ideal opportunity for investors seeking a secure, high-yield, and truly passive income stream with minimal risk.

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Sales Agent

Mr Keeshan Pillay

KLAP Property Group Ltd

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