Forget about BREXIT & Make Money w/ Block of HMO Generating £ 65,500
We own and are selling a block of HMOs with an asking price of £725,000. It comprises 5 income producing HMOs of £ 65,000 and we sell at a NET 9% return. we would hold a first charge on the property. We offer financing 35% down payment @ 5% rate. Cash on cash an investor can make 16.7% on his money.
There is no management…no voids…maintenance covered up to £5,000 per year.
Perfect armchair investment!!!