Sourced Approved Investment

3-Bed R2RSA -Huddersfield Yorkshire Humber - Apartment

£ 2,800

Added: 08/01/2025

Profit pa£10,650

ROCE60%

Yield0%

Property description

Strategy: Serviced Accommodation

This recently renovated former working men’s club has 3 x 3-bedroom apartments units. Located in Newsome village which is on the outskirts Huddersfield town centre, offers a delightful blend of modern living and historic charm along with easy access to the M1 and M62 making it the ideal location for vacationing guests and corporate guests alike. There is also amply parking available with private CCTV monitored parking at the rear of the property.

The R2RSA deal comes on a 3-year term with annual break clauses inserted. Management team in place for the ideal handsfree investment.
• Tenure: Freehold

The financials:
▪ Monthly rent: £1,300
▪ Deposit: £1,500
▪ Sourcing fee: £2,000
▪ Additional purchase costs: £4,500
▪ Total cash outlay: £9,300
▪ Gross income: £730
▪ Bills (Council tax, utilities and Wi-Fi): £245
▪ Net income: £467.50
▪ ROCE: 60%

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Sourced reference: 234427883522776

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.

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Due diligence

Sourced Wakefield Central have conducted a thorough inspection of the property and have worked with the agent/vendor in collating the above information.
As much as we are confident in the accuracy of the information provided, we encourage all prospective buyers to do their own due diligence on the property prior to committing to reserve the property. The sourcing fee will be required to be paid in full within 7 days of exchange of contracts.

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