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£31,672
ROCE12%
Yield10%
Purchase £ £143,250
Property description
Strategy: HMO
Features:
> Property Layout – 5 bed, 5 ensuite HMO, refurbed in 2024 to a modern standard
> Tenant Type – Fully tenanted by working professionals, delivering stable rental income with no void periods since conversion
> Strategic Location – Desirable East Sussex location close to key employers, amenities and coastline with strong tenant demand
> Transport & Connectivity – Strong rail links to London plus easy A27, A22 and regional road access
> Regeneration Benefits – Ongoing town centre, housing and coastal regeneration driving tenant demand
High Rental Income & Strong Yield – Gross annual income £44,100 delivering 10.38% yield
Finances:
Income Breakdown (Monthly):
Room 1: £875.00
Room 2: £675.00
Room 3: £675.00
Room 4: £675.00
Room 5: £775.00
Total Monthly Income: £3,675.00
Total Annual Income: £44,100.00
Expenditure Breakdown (Monthly):
Gas: £106.90
Electric: £231.00
Water: £59.40
Council Tax: £165.00
TV License: £14.95
Broadband: £26.48
Management: £432.00
Total Monthly Expenditure: £1,035.73
Total Annual Expenditure: £12,428.76
Investment Performance:
Net Annual Income: £31,671.24
Gross Yield: 10.38%
Net Yield: 7.45%
Sourcing Fee: £4000
Sourced reference: 843494818832477
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£31,672
ROCE12%
Yield10%
Purchase £ £143,250
Sales Agent
Jason Neil
12 Advance LTD
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