These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
GDV£140,000
Profit£16,200
ROCE25%
Purchase £ £9,100
Strategy: Buy to Sell
Strategy: BRRR
Are you looking for a secure BRRR opportunity to add value here’s why this could be your next deal!
This two-bedroom terraced property, located in Accrington, Lancashire, offers strong capital appreciation and cash flow. The opportunity requires a refurbishment to achieve the desired value uplift, making this deal perfect for anyone looking to execute a BRRR strategy.
Key property details:
- 2bed mid terraced
- 115 sqm
- Freehold
- No chain
- Accrington
Key financial:
▪ Purchase price: £80,000
▪ Purchase cost: £9,100
▪ Refurb cost: £25,000
▪ GDV: £140,000
▪ Rental income: £700
▪ Annual rent: £8,400
▪ Profit per month: £306
▪ Annual profit: £3675
▪ Yield: 6%
▪ Money left in after refinance: £18,800
▪ Money out via refinance: £45,000
▪ Sourcing fee: £3,000
Sourced reference: 328397856272863
No information supplied.
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.
GDV£140,000
Profit£16,200
ROCE25%
Purchase £ £9,100
Sales Agent
SE 100-114 LIMITED
We've pre-crunched the figures for you.
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
Explore our full suite of property investment products and services.
Start exploring your Sourced dashboard
By proceeding you are agreeing to our
Terms of business and Privacy Policy
Ok message
Error message