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£3,540
ROCE21%
Yield12%
Purchase £ £19,500
Property description
Strategy: Buy to Let
Hands-Off Local Authority BTL Investment
Looking for an affordable, cash-flowing investment with minimal day-to-day management?
This let-to-local-authority 1-bed property offers a low entry price and stable income, making it ideal for both new and experienced investors looking to diversify their portfolio.
Investment Summary
• Estimated Property Value: £48,000
• Purchase Price: £45,000
• Total Cash Invested incl deposit, legal, SDLT, fees etc: £19,500
• Annual Rental Income: £5,700*
• Annual Net Cash Flow: £3,540
• ROCE: 21%
• Gross Yield: 12.0%
• Mortgage Cover: 317% Gross / 197% Net
Why Investors Like Local Authority Leases
• Stable, long-term rental income*
• Reduced tenant management compared with traditional buy-to-lets
• Lower void risk than many private rentals*
• Professionally managed tenancy arrangements
• Attractive option for investors seeking predictable cash flow
• Low purchase price with strong rental yield
Full Support Package
This opportunity includes access to a comprehensive sourced support package, including:
• Sourced Enterprise – Full limited company SPV and accounting solution
• Sourced Finance – Specialist lending not available on the high street
• Sourced Living - Fully compliant lettings management service
• Legal conveyancing team available if required.
*Subject to the terms and conditions of the local authority lease agreement.
Sourced reference: 317468966253689
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£3,540
ROCE21%
Yield12%
Purchase £ £19,500
Sales Agent
Smijo Peter
Crestora Property Group Ltd
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