Back to properties
On Market HMO

3 x HMO Portfolio

FY1 1LB, Blackpool
£700,000
tbc sqm
3 Units
Purchase price £700,000
Monthly income £5,895
ROCE 23%
Gross yield 9%

About this property

Exclusive Opportunity: 3x-Backed HMOs in SPV | 10%+ Net Yield | Turnkey Cash Flow

A rare, bulk acquisition opportunity: three fully tenanted HMO properties bundled within a single Special Purpose Vehicle (SPV).

This is a turnkey investment designed for immediate, passive income with minimal management overhead.
The Deal Summary
• Total Price: £700,000 (for all three properties)
• Structure: Limited Company (SPV) sale – ideal for tax efficiency.
• Tenancy: All three units are let to Serco (a major corporate entity) under new 5-year FRI (Full Repair & Insurance) leases.
• Yield: 10%+ Net Yield on each property.
◦ Note: "Net" means the income you keep. Serco covers all bills, repairs, maintenance, and void periods.
• Security: FRI leases mean the tenant is responsible for all building costs. Serco manages the properties directly, removing typical landlord headaches.

The Portfolio
1. Carr Gate, Thornton Cleveleys (5-bed Semi)
◦ Ask: £209,995 | Rental: £20,995 p.a.
◦ Value Add: Comparable 3-bed semis in the area are trading over £219k–£250k.
2. Coronation Road, Thornton Cleveleys (6-bed Semi)
◦ Ask: £251,940 | Rental: £25,194 p.a.
◦ Value Add: Licensed 6-bed HMO with a corporate contract significantly outvalues standard residential comparables in the area.
3. Newchurch Road, Bacup (6-bed Semi)
◦ Ask: £245,700 | Rental: £24,570 p.a.
◦ Value Add: Independent valuation report confirms a "bricks and mortar" value of £235k, with significant upside due to
HMO licensing and corporate tenure.

Why Invest Now?
• Cash Flow Positive: With Serco covering all overheads, the 10%+ rent is effectively pure profit.
• Long-Term Stability: 5-year leases with likely renewal options (10-year horizon).
• Asset Protection: Serco sporadically offers rental uplifts (not guaranteed but common).

Next Steps
If you are interested in reviewing the full documentation with your team or wish to reserve this opportunity, please reply contact us directly. These assets are priced to move quickly given the yield and security profile.

Investment calculators

£
%
Deposit required £0
Loan amount £0

Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.

Speak to a broker