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£3,597
ROCE17%
Yield12%
Purchase £ £8,500
Property description
Strategy: Buy to Let
An excellent multi-strategy investment opportunity within a stunning Victorian church conversion in the increasingly popular town of Prescot. This characterful 1-bedroom apartment offers investors the flexibility of either a light-refurbishment BRRR strategy or an immediate income-producing turnkey buy-to-let.
Ideally located close to Prescot town centre, the property benefits from strong rental demand driven by excellent transport links into Liverpool, ongoing regeneration within the area, nearby amenities, and the continued investment surrounding Prescot’s expanding town centre and leisure offering.
BRRR Strategy:
▪ Purchase price: £60,000
▪ Refurb costs: £8,800
▪ GDV: £75,000
▪ Rental income: £725 PCM
▪ Yield: 12%
▪ ROCE: 17%
Turnkey Buy-to-Let Strategy:
▪ Purchase price: £60,000
▪ Refurb costs: £0
▪ GDV: £75,000
▪ Rental income: £675 PCM
▪ Yield: 14%
▪ ROCE: 16%
A low-entry, high-yield investment opportunity in a unique development with strong tenant appeal and multiple exit strategies available.
Sourced reference: 293448825535429
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£3,597
ROCE17%
Yield12%
Purchase £ £8,500
Sales Agent
Jen Merchant
Ninety Seven & West 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