BRRR in Mansfield

BRRR opportunity in Mansfield - Full renovation management available

*EPC Rating 69C
*Money left in: £20,680 with remortgage
*ROCE 20%
*Total profit projection over 10 years = £142,418.65

Property is a long-term investment, not a get rich quick scheme. Steady growth and strong cashflow is on offer with this deal with capital growth of 5% PCA. These are also below market value so the equity will be more than your costs to purchase the property (including sourcing, deposit, legals, survey, stamp, mortgage fee).

Key property details:
- 4 Bed terraced House
- 3 Floors
- Low maintenance garden
- Close to town centre
- 103 sqm
- EPC 69C
- Council tax band A
- Vacant possession

Key Financials example -
Mortgage 2yr fixed, LTV 75%, interest 5%, No fee:
▪ Guide price: £100,000
▪ Deposit: £25,000
▪ Legals: £1,500
▪ Stamp duty: £5,000
▪ Refurb: £15,000
▪ Gross monthly rent: £925
▪ Gross annual rent: £11,100
▪ Monthly profit: £333.75
▪ Annual profit: £4,005
▪ ROCE: 20%
▪ Gross yield: 7%

▪ Profit projection in 10 years capital growth 5% PCA = £94,334.19
▪ Profit projection in 10 years net rental growth 4% PCA = £48,084.46
▪ Total profit projection over 10 years = £142,418.65

Why Invest with Sourced?
Sourced offers a 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?
Yes, I can personally provide the following additional services for peace of mind
• A top-tier legal conveyancing team
• A professional and compliant renovation team
• Guaranteed rent options
• Hands off - 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.

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