4 En-Suite HMO Bradford

4 Double Bed All En-Suite HMO in Bradford

- Yorkshire
- BTL/ BRRR/ HMO/ Conversion
- 4 Bedroom Mid Terrace modern townhouse use as is or convert to luxury all ensuite

Key property details:
- Freehold
- 119sqm
- EPC C
- Council tax band D
- Vacant possession
- No chain

This property has the potential to be an all ensuite 4 bedroom hmo. It is currently a 4 bedroom 2 bathroom layout. I have allowed £30,000 to complete this work although that figure does also allow for kitchen alterations should they be required. Please remember, we will view the property, negotiate the price and pursue the purchase through to exchange on your behalf, if you so wish. To move forward, you will need to sign our contract, provide proof of funds, and complete all necessary anti money laundering and identity checks. If you need funding, an SPV to hold your property or a managing agent to find tenants and collect rent then these can be arranged separately by Sourced head office in Warrington.

Purchase Price - £205,000
Stamp Duty - £11,850.
Sourcing Fee - £4,920 inc vat
Building Works Estimate - £30,000
New Value Estimate - £250,000
Max Rent - £25,800
Gross Profit - £16,425
Money left in after refinance - £65,920
ROCE 22%

If you are interested in this or other opportunities we have, or would like us to find a specific opportunity for you please contact