Turnkey HMO - Cleethorpes

High-Yield HMO Investment Opportunity in Cleethorpes, Lincolnshire
Gross Yield 18%, ROCE 19%

This investment opportunity offers a prime, ready-made House in Multiple Occupation (HMO) located in a highly sought-after area of Cleethorpes in North East Lincolnshire. The property has been fully renovated and strategically configured to deliver immediate, high-margin cash flow, making it an ideal "turn-key" asset for investors prioritising operational efficiency and strong returns. With all major mechanical and cosmetic upgrades already completed, the property is primed for instant occupancy, minimising capital expenditure while maximising rental yield through a layout designed to attract a broad and reliable tenant base.

Key Property Details
• Configuration: Four spacious double bedrooms, featuring two en-suite rooms for premium rental potential.
• Condition: Recently fully renovated throughout; includes a new boiler, modernised electrical systems and contemporary neutral decor.
• Location: Situated in a popular area of Cleethorpes with excellent connectivity, including close proximity to the local railway station.
• Management & Support: Full support package available via Sourced, including SPV company formation, accounting services, specialist commercial finance solutions, and compliant management through a local lettings network.

Financial Performance Highlights
• Projected Gross Yield: 18%
• Return on Capital Employed (ROCE): 19%
• Estimated Annual Income: £21,720
• Rental Structure: Approximately £475 per calendar month (pcm) for en-suite rooms and £430 pcm for standard double rooms.
• Investment Status: A robust, yield-focused asset requiring zero additional expenditure, ready for immediate integration into your portfolio.

To request full compliance documentation or to secure this opportunity, please contact our team today.