Latest Valuation
£
ROCE
%
Location
Slough

3 Bed Property to be Converted into a 5 Bed R2R HMO

This property is close to transport links, shops and schools.
Guide Price
£1,250

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Key Features

  • R2R HMO
  • Slough
  • 5 year contract
  • 5 year contract
  • £700 pcm profit
  • Great location

The Property

Sourced are delighted to present this excellent conversion opportunity for a 5 bed R2R HMO in Slough.

The Financials:

Rent: £1,250 pcm
Sourcing fee: £2,500
Profit: £700 pcm
Average room rental £550 x 5 = £2,750 pcm
10% management fees (no VAT) = £725 pcm

Planning Information

N/A

The Plan

Property to be converted to a 5 bed HMO.

Required:

HMO licence - we can help
Furniture - we can help
Installation - 1 stud wall and 1 door
PM fee applies
Sourcing fee applies
Break even within the first year

The Financials:

Rent: £1,250 pcm
Sourcing fee: £2,500
Profit: £700 pcm
Average room rental £550 x 5 = £2,750 pcm
10% management fees (no VAT) = £725 pcm

The Location

This property is close to transport links, shops and schools.

Average estimated value for a house in SL2 5HU

£

London Heathrow Airport is 8.88 miles away.

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