{"id":30066,"date":"2026-04-23T14:48:19","date_gmt":"2026-04-23T13:48:19","guid":{"rendered":"https:\/\/www.franchiselocal.co.uk\/news\/?p=30066"},"modified":"2026-04-23T14:48:19","modified_gmt":"2026-04-23T13:48:19","slug":"how-sajith-and-fahad-created-a-46800-yearly-income-stream-from-just-one-hmo-project","status":"publish","type":"post","link":"https:\/\/www.franchiselocal.co.uk\/news\/how-sajith-and-fahad-created-a-46800-yearly-income-stream-from-just-one-hmo-project\/","title":{"rendered":"How Sajith and Fahad created a \u00a346,800 yearly income stream, from just one HMO project"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>Most people spend years building up to a project like this.\u00a0Property Partners\u00a0Sajith and Fahad did it on their second.<\/p>\n<p>Neither of them came from a property background. When they joined Sourced, they were\u00a0starting from scratch\u00a0\u2014 no experience, no existing portfolio, no roadmap. What they did have was ambition and access to the full Sourced system.<\/p>\n<p>From day one, they threw themselves into the training, used the deal analysis tools to\u00a0identify\u00a0and assess opportunities with confidence, and leaned on the support of the Sourced team at every stage. That foundation is what made everything that followed possible.<\/p>\n<p>Through the Sourced network, they connected with a joint venture partner and together spotted a two-bed terraced property with serious potential. The kind of deal most investors would walk past. But not them.<\/p>\n<p>The vision was bold: a full conversion into a high-end six-bed HMO.<\/p>\n<ul>\n<li>Purchase price\u00a0&#8211;<strong>\u00a0\u00a3140,000<\/strong><\/li>\n<li>Build costs\u00a0&#8211;\u00a0<b><\/b><strong>\u00a3200,000\u00a0<\/strong><\/li>\n<li>Total investment\u00a0&#8211;\u00a0<b><\/b><strong>\u00a3340,000\u00a0<\/strong><\/li>\n<li>GDV &#8211; <strong>\u00a3450,000<\/strong><\/li>\n<\/ul>\n<p>That&#8217;s\u00a0a 32% uplift on total investment and a 221% increase on the original purchase price.\u00a0With six rooms renting at\u00a0<b><\/b><strong>\u00a3650<\/strong> <strong>per month,<\/strong> the property generates<strong>\u00a0\u00a346,800\u00a0<\/strong>in gross rental income every year.\u00a0And, rather than\u00a0cashing out,\u00a0they\u2019re\u00a0refinancing and holding,\u00a0turning one\u00a0great\u00a0project into an\u00a0income stream\u00a0that pays them every month.<\/p>\n<p>This is\u00a0the Sourced model doing exactly what\u00a0it\u2019s\u00a0built to do.\u00a0The training, the tools, the\u00a0network\u00a0and the support \u2014 all working together to help people\u00a0from all backgrounds and experience levels\u00a0build something genuinely life-changing.<\/p>\n<p>Two\u00a0Partners. One joint venture. A portfolio asset worth\u00a0nearly half\u00a0a million,\u00a0built from a terrace most would overlook.\u00a0This\u00a0isn&#8217;t\u00a0a one-off\u00a0either,\u00a0it&#8217;s\u00a0a\u00a0replicable\u00a0blueprint. And\u00a0they\u2019re\u00a0among hundreds of others doing this with Sourced all over the country.<\/p>\n<p>If\u00a0you&#8217;re\u00a0ready to build your own success\u00a0story, speak to our team today.\u00a0The right deal, the right partner and the right support could be closer than you think.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most people spend years building up to a project like this.\u00a0Property Partners\u00a0Sajith and Fahad did it on their second. Neither of them came from a property background. When they joined Sourced, they were\u00a0starting from scratch\u00a0\u2014 no experience, no existing portfolio, no roadmap. What they did have was ambition and access to the full Sourced system. [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":30067,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[930,929],"tags":[],"class_list":["post-30066","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sourced","category-investment-franchises"],"acf":[],"jetpack_featured_media_url":"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2026\/04\/image-16.webp","_links":{"self":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/30066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/comments?post=30066"}],"version-history":[{"count":2,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/30066\/revisions"}],"predecessor-version":[{"id":30070,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/30066\/revisions\/30070"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media\/30067"}],"wp:attachment":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media?parent=30066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/categories?post=30066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/tags?post=30066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}