PROTOTYPE - concept design for Bluerock Developments · illustrative content, figures & imagery are placeholders pending sign-off
Exterior
Kitchen
Bedroom
Bathroom
Communal
Bedrooms6 en-suite
StrategyProfessional let
StatusAvailable
TenantedFrom completion
Overview
A six-bedroom HMO conversion with every room en-suite, in a proven Doncaster rental location close to major employers, with excellent transport links and strong demand from working professionals. Sourced off-market and delivered fully managed - refurbishment, extension, furnishing, licensing and letting - so the asset performs from day one.
Financial information
| Sales price | £284,000 |
| Gross annual income | £39,000 |
| Utilities including management | £8,000 p.a. |
| Net annual income | £31,000 |
| Forecast room rates | £120 to £130 per room, per week |
| Gross yield | 14% |
| Net yield | 11% |
Cost breakdown
| Purchase price | £125,000 |
| Refurbishment | £110,000 |
| Extension | £22,000 |
| Furniture pack | £10,000 |
| Structural engineer, architect report, CLD | £5,000 |
| Sourcing and project management fee | £12,000 |
| Total cash outlay | £284,000 |
Legal fees, stamp duty and no-search indemnity insurance are additional, at variable cost. Figures relate to this opportunity only and are not a guarantee of returns. Capital is at risk. Full details provided on enquiry.
Delivered under one roof
- Off-market sourcing and acquisition
- Recommended finance and legal partners
- Full refurbishment to professional HMO standard
- Licensing and compliance handled and evidenced
- Let and managed by recommended partners
- Commercial valuation and refinance strategy on request
Similar opportunities