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£16,676
ROCE20%
Yield15%
Purchase £ £87,000
Property description
Strategy: HMO
Investment Opportunity – 126 Park Road, Netherton, Dudley DY2 9DD
A vacant 6-bed end-terrace with huge potential for HMO, RSL, Airbnb, rent-to-rent, contractor let, or company let.
- Ground Floor: 2 bedrooms, lounge, kitchen, utility, full shower room, garage (which could be converted STPP)
- First Floor: 4 bedrooms, full bathroom.
- External: Rear garden, double gate access for parking. Potential for double-storey extension (STPP).
Rental Potential:
• HMO, RSL, Airbnb let, rent to rent, professional Contractor let, Company let.
• Garage could be converted STPP
• Double rooms: £550 PCM | Single rooms: £450 PCM
• Estimated gross rent: £3,100 PCM (£37,200 PA)
• Net yield: 9% | ROCE: 17.37%
• Price: £250,000 + 3% Fee
Prime DY2 location with strong tenant demand. Secure this high-yield investment today! Previously let out to a Firm housing their staff.
Sourced reference: 861383344364114
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£16,676
ROCE20%
Yield15%
Purchase £ £87,000
Sales Agent
Mush Fazel
MJF Property Ltd
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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