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£5,160
ROCE11%
Yield9%
Purchase £ £12,200
Property description
Strategy: Buy to Let
This is a BMV 3-bedroom mid-terrace property with no onward chain. The property enjoys excellent access to a range of local amenities including popular schools, St James Retail Park, and Graves Park. There are also strong transport links providing easy connectivity to the city centre and beyond.
The home requires a degree of modernisation approx cost of £7,396.
Financials after refurbishment:
▪ Purchase price: £80,000
▪ GDV: £110,000
▪ Refurb costs: £10,000
▪ Annual profit: £5,160
▪ ROCE: 11%
▪ Yield: 9%
▪ Rental: £850 PCM
Please contact for further information.
Sourced reference: 343685989494675
Due diligence
No information supplied.
Location
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£5,160
ROCE11%
Yield9%
Purchase £ £12,200
Sales Agent
Michael Parry
SILKSTONE ESTATES 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