Cash BTL Flat - North East

Cash BTL Flat - North East

Well sized and well priced this purpose built flat in the north east if rented at £425pcm, after Ground rent and service charge returns £315 per month. 85 Years left on the lease. Value increase potential.

FINANCIALS
▪ Purchase Price: £20,000
▪ Income: £425.pcm / £5,100p/a
▪ Profit: £315.pcm / £3,780p/a
▪ Investment Required : £25,200 Cash
▪ ROCE: 15%
▪ Gross Yield: 26%

Sourced offer a comprehensive property wealth building package in one place;
▪ Sourced Investment Agents - Sourcing investment opportunities for you,
▪ Sourced Enterprise - Limited company and SPV formations with tax efficient portfolio structuring and accounting solution.
▪ Sourced Finance - Access specialist property lending and mortgages, created for investors.
▪ Sourced Lettings - Seamlessly integrate property management using our nationwide lettings management service.

For further information, get in touch.