BMV - Completely Hands-Off Cashflow HMO Investment Opportunity

1 of 3 Off market, direct to vendor fully tenanted turnkey HMO. This property is fully let and managed on a 5-year lease.

Managed by a trusted local charity, renewed again in Oct 24. 3 HMOs available, trusted vendor looking to release cash from his investments for his own new build development projects.

These HMOs are perfect for investors who are looking for reliable, hassle free & great yield opportunities. If you are looking to purchase multiple HMO’s, additional discounts can be arranged for purchase price as well as sourcing fee.

Key Financials:
▪ Purchase price: £242,000
▪ Purchase costs: £17,800
▪ Sourcing fee: 2%
▪ Works: NA
▪ GDV: £260,000

Rental Metrics:
▪ Monthly net: £1582.17
▪ Annual profit: £18,986
▪ Gross yield:11%
▪ Net yield: 7%
▪ ROCE: 21%

Please contact for further information.

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.