What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network
Key financials
Profit pa£6,450
ROCE9%
Yield6%
Purchase £ £12,800
Property description
Strategy: Buy to Let
3-bedroom terrace. Close to Nottingham city centre, Nottingham Forest FC, Notts County FC, Trent Bridge cricket ground.
- Tenant demographics: The area is attractive to a large student and young professional population.
- Location: It is ideally situated for those working or studying in the city, with excellent transport links including proximity to the train and tram stations.
- Investment potential: The area is seen as a strong buy-to-let location with a high tenant demand that supports consistent occupancy and good rental yields.
The financials:
▪ Purchase price: £180,000
▪ Refurb costs: £5,000
▪ Purchase costs: (stamp,legals,survey,) £12,800
▪ Sourcing fee: £5,000 + VAT
▪ GDV: £220,000
▪ Gross rental income: £1,100 pcm
▪ ROCE: 9%
▪ Yield: 6%
▪ Annual profit: £6,450
▪ BMV 22%
With Sourced you get the full property wealth building package in one place;
Sourced Enterprise - Full limited company SPV and accounting solution
Sourced Finance - Specialist lending not available on the high street
Sourced Living - Fully compliant lettings management service
Legal Conveyancing team available if required.
Highly skilled renovation team ready to go!
Please contact me for more details.
Sourced reference: 136896416967457
Due diligence
No information supplied.
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Key financials
Profit pa£6,450
ROCE9%
Yield6%
Purchase £ £12,800
Sales Agent
Michael Parry
SILKSTONE ESTATES LIMITED
Smart support to move your deal forward
Review the numbers
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What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network