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£145,860
ROCE294%
Yield0%
Purchase £ £28,600
Property description
Strategy: Rent to Rent
A rare opportunity to secure a substantial, fully refurbished 12-bedroom, 12 en-suite HMO, arranged across two self-contained six-bedroom dwellings, ideally suited to a company let or corporate accommodation provider. Finished to a high specification throughout, this property offers modern, low-maintenance accommodation in a prime town centre location and offers ample parking.
Full management and utilities setup is also available.
The block is also available as a partial package - i.e. it is possible to take on 6 rooms rather than the full 12, if desired.
Financials:
Financials @ 70% occupancy (based on all 12 rooms fully furnished excluding management):
Investment required = £28,600
Average nightly rate = £1,080 (£90 per room)
Monthly profit = £12,155
Annual profit = £145,860
ROCE = 294%
Please contact for further info.
Sourced reference: 974617317971757
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£145,860
ROCE294%
Yield0%
Purchase £ £28,600
Sales Agent
Ben Fuller
Oakwood Property Partners Limited
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