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£4,449
ROCE17%
Yield12%
Purchase £ £25,900
Property description
Strategy: Buy to Let
A strong multi-strategy investment opportunity on the outskirts of Liverpool, offering immediate cash flow with further value-add potential. This well located 2 bedroom apartment currently benefits from a tenant in situ paying £700 PCM, making it an attractive turnkey buy to let from day one, whilst also presenting investors with the opportunity to increase both rental income and property value through a future refurbishment programme.
Situated in the popular Prescot area, the property benefits from excellent transport links into Liverpool city centre, nearby retail and leisure amenities, and close proximity to major employers including Whiston Hospital. The area continues to experience strong rental demand from healthcare workers, young professionals and commuters due to its affordability, connectivity and ongoing regeneration.
Turnkey BTL:
▪ Purchase price: £68,000
▪ Current rent: £700 PCM
▪ Yield: 12%
▪ ROCE: 17%
Future Value Increase Opportunity:
▪ Refurb costs: £15,950
▪ GDV: £95,000
▪ Potential rent: £825 PCM
▪ Yield: 10%
▪ ROCE: 21%
An ideal opportunity for investors seeking immediate cash flow with a clear path to increasing both rental income and long-term capital value.
Sourced reference: 185771716437121
Due diligence
No information supplied.
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£4,449
ROCE17%
Yield12%
Purchase £ £25,900
Sales Agent
Jen Merchant
Ninety Seven & West Limited
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