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£28,461
ROCE15%
Yield13%
Purchase £ £60,400
Property description
Strategy: HMO
Turnkey HMO in Liverpool | 13% Gross Yield | Day 1 Income
Freehold corner building arranged as a 9-bed HMO + 2 studio flats in a strong Liverpool rental location close to the University of Liverpool, LJMU and Lime Street Station.
Perfect for overseas investors. This HMO benefits from a very high demand and high occupancy rates. Sold as tenanted and turnkey.
Property details
• Fully operational and licensed
• Immaculate turnkey condition
• No CAPEX required
• New windows and new kitchens to ground and first floors
• Outdoor space
• Historic 2018 rear + loft extension consent now lapsed, but shows future potential to extend (STPP)
• Owner retiring
Financials
• Purchase price: £610,000
• Rent: £6,700 pcm / £80,400 pa
• Net income: £2,371 pcm / £28,461 pa
• Gross yield: 13%
• ROCE: 15%
• Management costs: 11%
• Purchase costs: £60,400
• Sourcing fee: £6,000
• Total investment required: £218,900
• Based on 75% LTV BTL mortgage at 5%
Income from day one with future upside potential.
For further details or to invest please contact.
Sourced reference: 917565774236417
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£28,461
ROCE15%
Yield13%
Purchase £ £60,400
Sales Agent
Besnik Vrapi
Lendwell Properties Limited
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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