Examples of Property Deals
12 Bed Professional HMO (House of Multiple Occupation) with En-suites in Manchester
(SOLD)
Fully Tenanted
Ready-Made
Price: £490,000 (SGD$841,896)
Gross Monthly Rent: £5,416
Monthly Expenses: £1969.80
Nett Monthly Rent: £3446.80 per month
Annual Rent: £41,361.60 per year
In SGD: SGD $71,064 ($5922 per month of passive income)
Nett Yield: 8.4%
Gross Yield: 13.2%
For less than 1 million SGD, one can buy a 12 bed House, fully rented out, and receive a monthly passive income of almost $6k SGD per month. Congratulations to our buyer! This buyer bought the property in cash, as they had put these funds aside for retirement. With this investment, they now enjoy a great retirement lifestyle, and still owning the asset!
Well, not all our clients have a million dollars in the bank. The project above is a larger deal. Here are some of our smaller deals. They may not look the prettiest, but they do give very solid returns. Whilst we may not necessarily want to live in a home like this, there are many who would love to have a comfortable roof over their heads. We also work with blue-chip social enterprises who are funded by the government to provide homes for homeless people. This is a win-win situation as it provides us with a long term corporate lease (no voids) and guaranteed cashflow.