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£19,895
ROCE17%
Yield12%
Purchase £ £36,350
Property description
Strategy: HMO
A well-located 5-bedroom HMO investment in the popular area of Hampshire, close to the city centre, universities, transport links, and key employment hubs.
The property benefits from strong tenant demand and is well suited for both professional and student lettings. With a room-let model and strong rental income, this asset offers an attractive investment opportunity with both cash flow and refinance potential.
Property Details
• Property Type: HMO investment property
• HMO licence and planning in place.
• Configuration: 5 bedrooms
• Letting Strategy: Individual room lets
• Tenant Market: Professionals / students
• Location: Popular Central Hampshire City rental area
• Demand: Strong room rental demand via SpareRoom and local HMO market
• Investment Strategy: Buy, rent, refinance / long-term hold
Financials
• Target Purchase Price: £380,000
• Purchase Costs: £36,350
• Total Acquisition Cost: £416,350
• Gross Monthly Rent: £4,325
• Gross Annual Rent: £51,900
• Monthly Net Income: £1,657.92
• Annual Net Income: £19,895
• Gross Yield: 12%
• ROCE: 17%
• Estimated GDV Based on Rental Income: £430,000
• Finance Assumption: 70% LTV at 5.5% interest rate
• Investment Required: £150,350
• Sourcing fee: £6,000 (+ VAT)
For further details or to invest please contact.
Sourced reference: 667229127543424
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£19,895
ROCE17%
Yield12%
Purchase £ £36,350
Sales Agent
Besnik Vrapi
Lendwell Properties Limited
Smart support to move your deal forward
Review the numbers
We've pre-crunched the figures for you.
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