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£12,810
ROCE30%
Yield14%
Purchase £ £33,000
Property description
Strategy: HMO
Long-Term Social Housing Lease High-Yield HMO Investment Opportunity
BMV: 20% / ROCE: 30% / Gross Yield: 14%
We are pleased to present an exceptional investment opportunity in Scarborough, structured for long-term stability and cash flow. This property is prime for a 5–10-year lease agreement with a reputable social housing provider, offering a hands-off, investment model with guaranteed rental income.
Investment Highlights
• Purchase Price: £108,000
• Below Market Value (BMV): £27,000
• Refurb & HMO conversation cost: £30,000
• Cash Investment Required: £67,012.50 (Including deposit, sourcing fee, legal fees, Refurb cost: etc.)
• GDV (Gross Development Value): £140,000
• Cash-Out via Refinance: £ £24,000.00
• Guaranteed Annual Rental Income: £19,500
• ROCE: 30%
• Gross Yield: 14%
The Social Housing contract Advantage
• Long-Term Security: Ideal for 5–10-year contracts with a social housing provider, ensuring consistent occupancy with no voids.
• Guaranteed Rent: Benefit from consistent rental payments, regardless of tenant turnover.
• Low Management Burden: Long-term leases with a housing provider include full maintenance and management responsibilities, minimising your active involvement.
• Stability: Social housing contracts provide an institutional-grade lease structure, insulating your investment from standard market fluctuations.
Full Support Package
This opportunity includes access to a comprehensive support package:
• Sourced Enterprise: Full limited company SPV and accounting solution.
• Sourced Finance: Specialist lending not available on the high street.
• Sourced Living: Fully compliant lettings management service.
• Legal: Conveyancing team available if required.
Next Steps
This asset is positioned for long-term stability and is ready for rapid acquisition. To request full compliance documentation, discuss the lease terms, or reserve this opportunity, please contact us today.
Sourced reference: 989436992415792
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£12,810
ROCE30%
Yield14%
Purchase £ £33,000
Sales Agent
Smijo Peter
Crestora Property Group Ltd
Smart support to move your deal forward
Review the numbers
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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