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£9,954
ROCE16%
Yield16%
Purchase £ £180,000
Property description
Strategy: HMO
High-Yield 5-Bed Fully Licenced & Tenanted HMO Investment Opportunity in Hull
ROCE: 16% / Yield: 16 %
Cash-flowing investment with strong returns and refinance potential
An excellent opportunity to acquire a spacious 5-bed fully licenced & tenanted HMO investment opportunity in Hull, one of Hull's strongest rental locations. This property is perfectly positioned to offer strong monthly cash flow and solid returns for the savvy investor.
If you're looking for a high-yield, cash-flowing HMO with strong rental demand, healthy monthly income and the opportunity to recycle capital through refinancing, this property represents an excellent addition to any portfolio.
Investment Highlights
• Purchase Price: Offers around £180,000
• 5 Letting rooms (all tenanted)
• Projected Gross Rental Income: £ 29,400 per annum (£2,450 pcm)
• ROCE: 16%
• Gross Yield: 16%
• High-yielding HMO in an established rental hotspot.
• Excellent location close to major employers.
• Strong tenant demand.
• Freehold property.
• Turnkey Potential: This HMO is structured to be a robust, high-performing addition to any property portfolio
Full Support Package
This opportunity includes access to a comprehensive sourced support package, including:
• Sourced Enterprise – Full limited company SPV and accounting solution
• Sourced Finance – Specialist lending not available on the high street
• Sourced Living - Fully compliant lettings management service
• Legal conveyancing team available if required.
Next Steps
This asset is competitively priced and positioned for quick acquisition. To request full compliance documentation or to reserve this opportunity, please contact us today.
Sourced reference: 713143636649962
Due diligence
No information supplied.
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£9,954
ROCE16%
Yield16%
Purchase £ £180,000
Sales Agent
Smijo Peter
Crestora Property Group Ltd
Smart support to move your deal forward
Review the numbers
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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