Five-HMO Portfolio, Peterborough, Eastwood & Grays

Overview

A portfolio of five tenanted HMOs totalling 30 lettable rooms, spread across Peterborough (three houses), Eastwood in Nottinghamshire and Grays in Essex. The vendor states a gross income of £246,600 per annum, a 11.5% gross yield at the asking price, and the portfolio is offered in one line with individual sales considered.

Investment highlights

• Five HMOs with 30 lettable rooms across three separate letting markets
• Stated gross income of £246,600 per annum, 11.5% at the asking price
• Tenanted room-by-room stock producing income from day one
• Offered as a single portfolio purchase, with individual sales considered
• Geographic spread reduces reliance on any one town or street

The numbers

Asking price	£2,150,000
Stated gross income	£246,600 per annum
Gross yield	11.5%
Rooms	30 across 5 houses
Locations	Peterborough ×3 · Eastwood, Nottinghamshire · Grays, Essex