28/11/2020
Superb HMO opportunity in Newport, with a huge semi-completed loft conversion. Leave less than £17k in the deal, and with a potential cash flow of £602 per month, this would be great for an experienced investor:
PP: £105,800
Refurb: £10,780
DUV: £135,000
Projected HMO yield: 6.83%
Projected HMO cash flow: £602 pm
Projected flip profit: £15,920
Sourcing fee: £1,495 (£500 Nov discount)
This deal is being sold without a local power team in place, but we can provide details of one for an increased fee. Accountant, RICS Surveyor, Broker, Solicitor, Insurance Broker, Plumber & Builders.
Disclaimer: Always do your own due diligence and seek independent financial advice before deciding to invest. Company: Rentiful Properties Ltd. Registered No: 12418053. PRS: PRS024643. ICO: ZA779919. HMRC: XN006927236892. PI Insurance: SND00008461.