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£9,208
ROCE100%
Yield11%
Purchase £ £10,550
Property description
Strategy: HMO
This well presented HMO in Stockton on Tees has been fully let for the last 24 months. One room has become available however this is an easy rental for the new landlord.
The property is situated in a good part of Stockton, close to amenities in the area.
The property boasts 3 separate titles on the land has reduced council tax and electricity bills due to the system set up. The property does not look to need any refurbishment.
This is a post auction property and would satisfy a cash buyer for re-mortgage later. Auction rules on completion do apply. Auction fees do apply.
Sourced reference: 139339185147768
Due diligence
Fees break down can be supplied upon request
Electricity system can be detailed upon request
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£9,208
ROCE100%
Yield11%
Purchase £ £10,550
Sales Agent
Steve Moyse
Meadow View (Norwich) Ltd
Smart support to move your deal forward
Review the numbers
We've pre-crunched the figures for you.
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