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£12,360
ROCE21%
Yield10%
Purchase £ £26,250
Property description
Strategy: HMO
Value-Add HMO with C4 Use in Southampton
Overview
• 5-bed HMO opportunity in Hampshire
• Lawful C4 HMO use confirmed (no planning risk)
• Strong student/professional rental location
• End-terrace with side access (ideal for HMO use)
• Light refurb + compliance uplift required
• EPC: D, with low-cost upgrades available to reach C, helping future-proof against upcoming rental regulation changes.
Property Details
• Type: End-terrace house
• Size: approx. 110 sqm / 1,191 sqft
• EPC: D (potential C)
• Layout: 4 bedrooms + reception (convertible to 5th bedroom)
• Facilities: kitchen, bathroom, separate WC, utility area
• Planning: Certificate of Lawfulness for existing C4 HMO use
Financials
• Target purchase price: £275,000
• Purchase costs: £26,250
• Refurb/compliance: £33,000
• Total project cost: £334,250 (excl. finance)
• Projected rent: £3,125 pcm / £37,500 pa
• Gross yield: 10%
• Projected net cashflow: £1,030 pcm / £12,360 pa
• Total investment required: £139,014
• Bridging loan estimated 75% LTV at 0.89% PCM for six months (refurb likely to be 3 months or less)
• GDV: £380,000 (nearby licensed HMOs on Avenue Road support the GDV assumption)
Investor Conclusion
A strong value-add HMO opportunity with planning risk removed via confirmed C4 lawful use. At £275k, this presents a solid income-generating asset with £1k+ monthly cashflow and clear upside through a 5-bed optimisation and light refurbishment. Ideal for investors seeking a low-risk BRR or cashflow-focused addition to their portfolio.
For further details or to invest please contact.
Sourced reference: 773157912561467
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£12,360
ROCE21%
Yield10%
Purchase £ £26,250
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