- Low purchase price
- Excellent cash flow of £1,000+
- Established HMO
- Close to Sheffield City Centre
- Low maintenance
Sourced are proud to present this part-tenanted student HMO located in Sheffield, with a huge ROI of 28.49% and reduced sourcing fee. This established property comprises 6 double bedrooms with a lovely kitchen and no refurbishment needed. Also, this investment opportunity offers a fantastic cashflow of over £1,000 pcm and has been left on lease for 117 years.
This custom-built student house is a fantastic addition to any clever investor’s portfolio. Located in Sheffield, this area has excellent capital appreciation and several amenities nearby such as the Sheffield City Centre.
Purchase price: £160,000
Sourcing fee WAS: £5,000
Light paint: £2,000
Self-managed cashflow: £1,230 pcm
Managed cashflow: £1,014 pcm