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£6,825
ROCE16%
Yield6%
Purchase £ £19,850
Property description
Strategy: Buy to Let
High-Yield 1-Bed Flat with Value-Add Potential - London
An excellent opportunity to acquire a one-bedroom apartment in the SW16 area, offering strong cash flow and immediate equity growth through a light cosmetic refurbishment.
Financial Performance
▪ Purchase price: £250,000
▪ GDV: £300,000
▪ Refurb costs: £15,000
▪ Annual profit: £6,825
▪ ROCE: 16%
▪ Yield: 6%
▪ Monthly rent: £1,600
▪ Annual rent: £19,200
▪ Gross yield: 6%
Investment Breakdown
▪ Purchase Costs: £19,850
▪ Sourcing fee: £5,000
▪ Monthly net profit: £568
Key Features
▪ Equity Upside: Purchased £20,000 below current market value, with a projected £50,000 uplift in value post-refurbishment.
▪ Light Refurbishment: The property requires only cosmetic works to reach its full market and rental potential.
▪ Strong Cash Flow: Generates a reliable monthly profit of £568, delivering a 16% ROCE.
▪ Location: Situated in a desirable residential pocket within SW16, appealing to professional tenants.
This deal provides a secure entry point into a high-demand London postcode, combining a discounted purchase price with clear scope to add capital value
Sourced reference: 189523599187152
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£6,825
ROCE16%
Yield6%
Purchase £ £19,850
Sales Agent
Chris Browne
Wilmajay Ltd
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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