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£5,480
ROCE16%
Yield23%
Purchase £ £4,250
Property description
Strategy: Buy to Let
A great opportunity to acquire a fully managed, high yielding investment in the heart of Hull.
Key financials:
▪ Purchase price: £30,000
▪ Annual profit: £5,480
▪ ROCE: 16%
▪ Gross yield: 23%
▪ Net yield: 18%
▪ Annual rent: £6,750
This is a well-presented co-living development comprising 24 double en-suite bedrooms, designed to offer practical and comfortable shared accommodation. The block benefits from a range of communal facilities, including a shared kitchen, on-site gym, cinema room, co-working space, reading lounge, and games room.
The property is located within a 10-minute drive or approximately a 20-minute walk of Hull city centre, providing convenient access to a wide range of shops, supermarkets, and local amenities. Hull Royal Infirmary is also within a 10-minute walk.
Please contact for further info.
Sourced reference: 327638518395448
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£5,480
ROCE16%
Yield23%
Purchase £ £4,250
Sales Agent
Ben Fuller
Oakwood Property Partners 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