Latest Valuation
£180,000
ROCE
%
Selling Agent
Sourced Warwick

30% NET ROI – Tenanted 5 Bed En-Suite HMO in Doncaster

This licenced property consists of 5 bedrooms all with en-suites with an annex.
Guide Price
£180,000

Share this page

Enquire About this Property

Key Features

  • 30% ROI NET
  • Off-market
  • All en-suites
  • Annex to be converted into 2 extra en-suites bedrooms
  • Cashflow from day 1
  • Tenanted and fully licenced

The Property

Sourced are excited to present this tenanted en-suite HMO located in Doncaster, with a huge NET ROI of 30% and cashflow from day 1.

This property comes with an annex, the current landlord already started works on converting it into 2 additional bedrooms with en-suites. If you finish the works, subject to planning, you can achieve a 30% ROI (20% yield). The property is located in an area with a high rental demand which makes it very attractive to let to professionals.

The property is in great condition and we also offer a hands-off investment and have a management company in place that charges 12%.

Planning Information

N/A

The Plan

Sourced are proud to present this 5 bedroom with a potential to be a 7 bedroom tenanted freehold HMO property in Doncaster.

Buying on a residential or commercial mortgage and renting as a HMO to professionals.

The Financials:

Purchase price: £180,000
Refurb cost: £18,000
Sourcing fee: £4,900
Rental income: £35,360 pa
NET ROI: 30%
Yield: 20%

The Location

Located in Doncaster, the property is located in an area with a high rental demand which makes it very attractive to let to professionals.

This property is nearby several amenities as well such as the town centre and a train station.

Average estimated value for a house in DN4 8EQ

£376,250

https://www.zoopla.co.uk/house-prices/balby/haigh-road/dn4-8eq/?q=DN4%208EQ&search_source=house-prices

Content missing