+10 more
2 Self-Contained Units
About this property
Strategy: Turnkey Multi-Unit Residential
A fully operational, hands-off 5-bed end semi split into two self-contained units. Fully let to reliable, long-term tenants, this asset delivers instant net cash flow from day one with absolutely no vacancy risk.
The Investment Numbers
▪ Purchase price: £95,000 (Secured Below Market Value)
▪ Refurb costs: £15,000
▪ GDV: £100,000
▪ Annual profit: £8,941 (£745 pcm cash flow)
▪ ROCE: 28%
▪ Gross yield: 14%
▪ Gross annual rent: £13,104 (£1,092 pcm)
Top Investment Highlights
• Day-1 Performance: Instant £745 monthly net profit with long-term tenants in situ, removing all tenant-sourcing costs and marketing friction.
• De-Risked Dual-Income: Split into two separate dwellings (5 beds, 2 baths total) with private entrances and separate kitchens, maximising revenue security.
Why this region?
• £200M+ Government Funding: Hyper-regeneration zone backed by the Great Grimsby Town Deal and the Humber Freeport.
• UK's Green Energy Capital: The primary hub for the UK’s booming offshore wind sector, driving a continuous influx of high-paying corporate and engineering tenants.
• Perfect Timing: Massive town centre redevelopments Projects like the multi-million-pound redevelopment of Freshney Place (introducing new leisure, cinema, and food venues).
Hands-Off Support Package
Sourced provides full corporate management: Sourced Enterprise (SPV/accounting), Sourced Finance (commercial lending), and Sourced Living (compliant multi-unit lettings management).
To request the tenancy schedule or secure this asset, contact us immediately.
Investment calculators
Estimate only, using UK additional-property SDLT rates. Confirm the exact figure with a solicitor or accountant before exchanging.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
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