3-Bed BRRR in Gainsborough

BRRR - 3 BED - GAINSBOROUGH

* Fully managed renovation
* Target purchase price £65,000
* Refurb £25,000
* GDV £110,000
* No chain
* Vacant possession
* Council Tax Band A
* Market Rent: £800
* ROCE 20%
* Gross Yield 9%
* Profit projection in 10 years capital growth 5% PCA = £69,178.41
* Profit projection in 10 years net rental growth 4% PCA = £49,885.38
* Total profit projection over 10 years = £119,063.79

Why buy in Gainsborough?

- Gainsborough has major economic growth ambitions and is undergoing a transformation with its population set to grow from 22,000 to 30,000.
- The 20-year regeneration plan is already underway, making now the ideal time to invest in the town with its current comparatively low entry point
- Regeneration includes rejuvenation to the town centre, heritage assets and an enhanced network of green spaces.
- Improved transport network with direct rails links and excellent road connections. For example, Lincoln is a 30 minute drive and Doncaster, Sheffield and Hull are within easy reach
- Close proximity to the Humber Freeport and two international airports
- Proximity to the multi-billion-pound STEP fusion energy project at West Burton creating long-term highly-skilled jobs
- Massive increase in housing and commercial demand
- Already home to global brands such as Ping and Eminox

Why Invest with Sourced?

We handle everything for you; sourcing the property, doing the refurbishment, placing tenants, and collecting rent. You simply purchase the asset and receive the net income.

Comprehensive property wealth-building package in one place:-

-Sourced Investment Agents: Sourcing investment opportunities tailored to your criteria.
-Sourced Enterprise: Limited company and SPV formations with tax-efficient portfolio structuring and accounting solutions.
-Sourced Finance: Access specialist property lending and mortgages, created specifically for investors.
-Sourced Lettings: Seamlessly integrate property management using our nationwide lettings management service.

Do you provide any additional services?

I can personally recommend the following additional services for peace of mind:-

• A top-tier legal conveyancing team
• A professional and compliant renovation team
• Guaranteed rent options

Here is a link to more of my property deals https://sourced.co/partner/michaelparry/properties/?page=1

So what are you waiting for? If you are interested in this or similar opportunities, please get in touch.