125000.00 $ For sale brand new fully rented HMO high spec North West 24% returns net pa Bloomington

Published date: 22.10.2020
  • Location: Bloomington, Idaho, United States

*** NEW EXCLUSIVE OPPORTUNITY ***

IN HOUSE PROJECT NEARING COMPLETION WITH FULL RENTAL GUARANTEE PRIOR TO LEGAL COMPLETION

CASH REQUIRED UNDER £50,000 WITH PROVEN RETURNS OF 24%+ ON CASH INVESTED NET OF ALL OVERHEADS *details on request

TOTAL PROJECT COST INCLUDING FINANCE, STAMP DUTY, LEGALS ETC £137,500.
ELIGIBLE FOR IMMEDIATE MORTGAGE UP TO 75% LTV

THE PROPERTY COMES FULLY FURNISHED INCLUDING FLOOR COVERINGS, BLINDS, ALL WHITE GOODS, POTS, PANS, PLATES ETC.

PROJECT OVERVIEW – 4 BED, 3 BATHROOM
Located within easy walking distance of the University and town centre

BURNLEY OFFERS A UNIQUE INVESTMENT OPPORTUNITY

UCLAN are investing hundreds of thousands of pounds over the next 5 years in Burnley campus. They are reporting an estimated growth in the student body of up to 4000. This will require quality accommodation that will heavily rely on the private sector to take up the increase in residential places. By the end of this year they will have less than 200 rooms available.

Our model gives our investors as much or as little involvement in the project as they require, this can be a fully arms- length project. We deliver to our clients a purpose built conversion which provides brand new 4 bedroom student/professional accommodation designed specifically to meet the needs of this market. The changing nature of today's renter demands, more luxury and privacy, we therefore have availability for up to 3 extra en suite bathrooms where required.

HMO HAVE SUCCESSFULLY SOURCED, DESIGNED AND BUILT 110 PROPERTIES OVER THE LAST 2 YEARS!!!

OUR UNIQUE MARKETING MODEL HAS TENANTED OVER 400 ROOMS WITHIN THE SAME PERIOD!!

Using our system, the investor takes the equity increase as well as the rental.

*All units are delivered to the investor, built to the specific council and university specifications.
*Room sizes all well in excess of minimum requirements.
*Supplied new luxury bathroom
*Completed with new modern kitchen and common areas.
*Fully certified and regulated for fire and safety.
*Floor coverings and furniture designed for the modern HMO market
*Full hardwired internet and Wi-Fi connections provided, centrally and in each bedroom

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