Sourced Approved Investment

BMV BTL Repo North East - House

£ 60,000

Added: 25/02/2025

Profit pa£6,395

ROCE31%

Yield9%

Property description

Strategy: Buy to Let

BMV BTL in Sunderland – Repossession

Sourced is excited to introduce this 3-bed freehold terraced property in the North East generating an impressive £6,395 per annum at a purchase price of £60,000 and end value of circa £107,000.

Build team, Solicitors, brokers available on request to make this hassle free.

The financials: (Excluding maintenance and management)
▪ Purchase price: £60,000
▪ GDV: £107,000
▪ Refurb costs: £25,000
▪ Annual profit: £6,395
▪ ROCE: 31%
▪ Gross yield: 9%

Ref 45

Sourced reference: 328361821285112

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.

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Due diligence

No information supplied.

Sales Agent

Mr Rory Kenny

Property Panacea

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