North East Vacant BTL

North East Vacant BTL - Ready-to-Rent - Management in Place

Make an Offer
- Turnkey, Ready to Rent, 2 Bed Property
- No Work Required.
- Popular Location Between Sunderland and Durham
- Strong Rental Demand
- No Selective Licence Required with an Experienced Local Lettings Agent in Place
- Ready to place a tenant and fully manage the property.
- Safely park your cash for a longterm growth and steady cashflow in a exceedingly difficult market.

Financial Information
Current value: £68,000
Purchase price: £68,000 (Open to Offers)
Purchase costs: £9,600
Refurb/works cost: £0
Sourcing fee: £4,000
GDV: £68,000
Monthly rent: £600
Investment required: £77,600
Gross Yield: 11%
Monthly Profit : £453.60 (After Management Fees)
Annual Profit: £5443.2 (After Management Fees)

For more information on this deal please get in-touch.
Sourced offer a comprehensive property wealth building package in one place;

1: Sourced Investment Agents - Sourcing investment opportunities for you,
2: Sourced Enterprise - Limited company and SPV formations with tax efficient portfolio structuring and accounting solution.
3: Sourced Finance - Access specialist property lending and mortgages, created for investors.
4: Sourced Lettings - Seamlessly integrate property management using our nationwide lettings management service.