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£4,031
ROCE17%
Yield10%
Purchase £ £37,000
Property description
Strategy: Buy to Let
Available to landlords only, this 3-bedroom buy-to-let investment offers immediate income with a tenant in situ at £950 per calendar month (£11,400 per annum). On a leveraged basis, the property delivers an annual net income of £6,247.50, a 10% gross yield, and an 17% ROCE, supported by strong gross rent mortgage coverage of 192%.
For cash buyers, the investment becomes even more compelling, generating an estimated net income of approximately £830 per month (£9,960 per annum), equating to a 9% gross yield, an 8% net yield, and an 8% ROCE, making this a flexible opportunity suitable for both leveraged landlords and cash investors seeking stable, hands-off returns.
For further information, please get in touch.
The financials:
▪ Purchase price: £110,000
▪ GDV: £130,000
▪ Annual profit: £4,031
▪ ROCE: 17%
▪ Yield: 10%
Sourced reference: 214358727913587
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£4,031
ROCE17%
Yield10%
Purchase £ £37,000
Sales Agent
Nikolas Sia
LIKEAPROPERTY LIMITED
Smart support to move your deal forward
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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