Exclusive Investment Opportunity – High-Yield 1-Bed Flat in Dewsbury – 14% Net Yield

Sourced is delighted to offer this excellent Below Market Value (BMV) 1-bed flat at Howgate House, Wellington Road, Dewsbury.
Perfect for savvy investors looking for strong returns, this property has been let at £550 per month and offers an impressive 10% NET yield.
Property Details:
• Location: Howgate House, Wellington Road, Dewsbury, WF13
• Type: 1-bed flat, 3rd floor with lift access
• Lease: 79 years remaining
• Rental Income: £550 pcm furnished (£6600pa)
• Ground Rent: £200 per annum
• Service Charge: £1600 per annum
• NET Income: £400 pcm / £4800 per annum

This property is an incredible opportunity for cash buyers seeking a high-yield investment in a growing area.
Zoopla Valuation: £40,000

The financials:
▪ Purchase price: £30,000
▪ Annual profit: £4,800

▪ NET Yield:after expenses 14%

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.