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R2R - HMO - Northampton
About this property
An excellent opportunity to generate upwards of 300% net returns on this turnkey rent to rent deal in Northampton. This property is now decorated and furnished to a very high standard, as the pictures show.
Full management service is also available @ 15% if required, along with utilities setup to make this a truly hands off investment.
Financials @ 70% occupancy (based on fully furnished excluding management):
Investment required = £10,500
Average nightly rate = £300 (£75 per room)
Monthly profit = £2,884
Annual profit = £34,608
ROCE = 329%
Please contact for further info.
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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