Turnkey Ready-Let HMO
About this property
Ready Let Turnkey HMO Southern England 14% yield.
Fully occupied professional person 6 bedroom HMO in Southern England within walking distance of hospital and train station with trains to London.
FINANCIALS
Purchase Price: £425,000
Investment Required : £140,450 with 75% LTV
Income: £4,860.pcm / £58,320p/a
Profit: £3,531.pcm / £42,372p/a
ROCE: 30%
Gross Yield: 14%
Sourced offer a comprehensive property wealth building package in one place;
Sourced Investment Agents - Sourcing investment opportunities for you,
Sourced Enterprise - Limited company and SPV formations with tax efficient portfolio structuring and accounting solution.
Sourced Finance - Access specialist property lending and mortgages, created for investors.
Sourced Lettings - Seamlessly integrate property management using our nationwide lettings management service.
For further information, get in touch.
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 specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a broker