3-Bed BTL in Lincolnshire
About this property
23% ROCE Buy-to-Let Opportunity – Lincolnshire
£48,000 Purchase Price | £600 pcm Rental Potential | 23% ROCE
A low-entry-price buy-to-let opportunity in Lincolnshire, negotiated down to just £48,000 on behalf of Sourced.
The property requires a small amount of redecoration and general TLC, after which it is expected to achieve rental income of up to £595 pcm.
With a relatively low purchase price and strong projected rental returns, this could suit investors looking to add a high-yield property to their portfolio without a significant upfront capital requirement.
INVESTMENT FINANCIALS
Purchase Price: £48,000
Investment Required: £23,650
Finance: 75% LTV
Projected Rent: Up to £600 pcm
Projected Profit: £445 pcm / £5,340 pa
ROCE: 23%
Gross Yield: 15%
WHY THIS DEAL?
Low purchase price of just £48,000
23% projected ROCE
15% projected gross yield
Rental potential of up to £600 pcm
Relatively modest amount of capital required
Small amount of redecoration / TLC required
Purchase price negotiated down on behalf of Sourced
FULL INVESTMENT SUPPORT
Sourced can assist with the wider investment process, including:
Finance • Letting • Property Management • SPV Formation • Accounting
If you're looking for a low-cost, high-yield buy-to-let opportunity, get in touch for the full property details or to secure the deal.
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.