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£3,395
ROCE17%
Yield2%
Purchase £ £27,125
Property description
Strategy: Buy to Let
Leasehold Buy-to-Let | Strong Equity Position | Refinance Opportunity
This is an excellent opportunity to acquire a cash-flowing investment with a significant equity uplift from day one.
Purchased at just £72,000, this property is currently achieving £825 PCM (£9,900 per annum) with no refurbishment required, meaning it produces income immediately upon completion. The real strength of this deal lies in the equity created.
Key Figures
▪ Purchase price: £72,000
▪ Current value: £72,000
▪ Comparable Market Value: Approx. £105,000
▪ Monthly rent: £825 PCM
▪ Annual rent: £9,900
▪ Refurbishment required: None
▪ Estimated monthly cashflow: £228
▪ Annual profit: £3,395
▪ ROCE: 17%
▪ Money left in after refinance: Just £2,375
Why This Deal Stands Out
Instant rental income from day one
Comparable sales suggest a value of around £105,000, creating substantial equity.
Refinance allows you to recycle almost all of your initial investment, leaving only £2,375 tied up in the property.
Although the net yield is lower due to leasehold charges, the return on the cash left in the deal is exceptional.
This is the type of investment experienced BRR investors look for—where the focus is on recycling capital, building equity, and creating long-term wealth rather than chasing headline yield percentages.
Sourced reference: 295692624868815
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£3,395
ROCE17%
Yield2%
Purchase £ £27,125
Sales Agent
Ben Kirby
Ben Kirby / Kirby Estates Sourcing
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