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£6,008
ROCE21%
Yield7%
Purchase £ £11,650
Property description
Strategy: Buy to Let
BMV property in Birmingham presents a clear opportunity for a profitable buy-to-let investment expected to generate £1,100 per month (£13,200 per annum) in rental income, delivering a 7% gross yield and a net monthly cashflow of approximately £501 profit per month after finance, making this a balanced investment offering both capital growth potential and sustainable rental income.
A traditional mid-terrace home with lots of room for personalisation and enhancement. A hallway on the ground floor leads to two spacious reception rooms that offer versatile living and dining rooms. A fitted kitchen and a practical lobby space with access to the family bathroom are located at the back.
For more information, please get in touch.
The financials:
▪ Purchase price: £120,000
▪ GDV: £190,000
▪ Refurb costs: £30,000
▪ Annual profit: £6,008
▪ ROCE: 21%
▪ Yield: 7%
Sourced reference: 221431669962837
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£6,008
ROCE21%
Yield7%
Purchase £ £11,650
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