This is an excellent opportunity to purchase a 36-bedroom C2 property with a 20 + 5 year lease in place with a reputable provider, having approximately 22 years, 3 months and 3 weeks left at time of writing. Strong yields and ROCE on this secure addition to a portfolio or fund.

The financials:
▪ Purchase price: £1,960,000
▪ GDV: £2,000,000
▪ Annual profit: £68,120
▪ ROCE: 9%
▪ Gross yield: 8%

▪ Sourcing fee: 1%
▪ Annual rental income: £159,120
▪ Monthly rental income: £13,260

Yield and ROCE figures based on a 65% LTV refinance at 7% interest rate. Prospective buyers to carry out their own DD.

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.