- Brand new homes
- Fully tenanted
- ROCE 10%
- Great cash flow generator - over 12K per month net
- Net yield 3.7%
Based in the the vibrant town of Finchley North London, this brand new plot of 6 HMOs is a fantastic turnkey investment for an investor looking for a great opportunity in London.
Each house has 4 bedrooms, and is generating over 2K per months in net profit. The site consists of 6 x 4 bedroom terraced houses, fully tenanted with young professionals working in London. The homes are brand new, so little maintenance is needed and from month one you can begin to earn a good cashflow for your investment portfolio.
• Purchase price: £4,500,000
• Rental income from all 6 properties: £12,332 pcm
• ROCE: 10%
• Net yield: 3.7%