Fantastic 6 Bed HMO – Ramsden Street, Barrow-in-Furness

6 Bedroom | 6 Bathroom | High Yield HMO Investment

HMO properties in Barrow HMO properties in Barrow HMO properties in Barrow HMO properties in Barrow HMO properties in Barrow

Financial Breakdown

  • Purchase Price: £125,000.00
  • Deposit: £36,593.75 (includes 6 months interest for bridging loan)
  • Conversion/Build: £84,104.88 approx. (subject to further onsite visits)
  • Set up Costs / Design & Build Fees: £15,500.00
  • Stamp Duty: £6,250.00
  • Legals Estimate: £1,400.00
  • Survey: £650.00
  • Furniture & Flooring Packs: £12,200.00 (can be purchased at an additional cost)
  • Total Project Cost: £250,448.63 (includes 6 months interest for bridging loan)
  • Total Cash Outlay: £156,698.63 (includes 6 months interest for bridging loan)
  • Projected Rental Income: £36,660.00/year (£115.00PPPW x 3 + £120.00PPPW x 3 net of bills)
  • Management Fees (10% incl. VAT): £5,335.20
  • Net Income After Management: £31,324.80/year
  • Post-Refinance Cash Left in Deal: £40,448.63
  • ROI After Refinance: 49.92%
  • Refinance & Cash-Out: Based on a refinance valuation of £280,000.00, approximately £210,000.00 can be released by re-mortgaging after 6 months. Net income after increased mortgage interest: £20,194.80 per annum.

Want the full financial pack & next steps?

Includes project execution, refurbishment details, and tenant insights.

Request More Information →

Floor Plans

Ground Floor

Ground floor plan – Ramsden Street, Barrow-in-Furness

First Floor

First floor plan – Ramsden Street, Barrow-in-Furness

Second Floor

First floor plan – Ramsden Street, Barrow-in-Furness

* These floor plans are tentative and subject to change based on requirements and investment commitment.

Why Invest in Barrow-in-Furness?

  • Strong Employment Hub: Dominated by BAE Systems with 8,500+ workers, plus other key employers like Kimberly-Clark and Robert McBride.
  • High Demand for Shared Accommodation: Large shortfall of housing for contractors and workers.
  • Industrial & Energy Growth: Offshore wind, Rampside gas terminal, Roosecote power station, and nuclear Dreadnought programme.
  • Strategic Location: Close links to Ulverston and South Lakeland, part of the Furness peninsula travel-to-work area.
  • Long-Term Growth Potential: Affordable housing, regeneration projects, and proximity to Sellafield & Furness College Advanced Manufacturing Facility.

Key Property Features

  • An Inspire landlord thermostatic system will be installed to control central heating, potentially saving up to £1,000/year.
  • The property will be fully refurbished to the highest standard and will include full furniture packs, including a washing machine, vacuum cleaner, and microwave.
  • All rooms will be rented at market rates (ensuite) per person per week.
  • The property will be fully regulated and compliant with local council requirements.
  • Every room will have interlinked smoke alarms, emergency lighting, fire panels, and heat sensors installed.

Nearby Locations

BAE Systems
5 min drive
Town Centre
10 min drive
Seafront
7 min drive
Furness College
12 min drive

Property Location

* VAT and terms apply where applicable.

Disclaimer: All figures are estimates and subject to market conditions, lender criteria, and planning outcomes. Capital at risk. Past performance is not a guarantee of future results. Always seek independent financial advice before investing. We also refer you to our terms and conditions which supersede any previous versions.