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£5,252
ROCE43%
Yield12%
Purchase £ £56,000
Property description
Strategy: Buy to Let
Low cost BMV BTL in Boston, Lincolnshire
ROCE 43% / Yield 12% / 20% BMV
This exceptional two-bedroom, first-floor flat in Haven Village, Boston, offers a high-performing "buy-to-let" asset with significant immediate equity. Available at a 20% discount to market value, this property is professionally positioned for investors seeking both strong cash flow and robust long-term security. It represents an unmissable addition to any residential investment portfolio.
Key Investment Highlights
• Purchased at £56,000, reflecting a 20% discount on the £70,000 market value.
• Delivering a 12% gross rental yield with a rental income of £8,700 per annum.
• High efficiency with a Return on Cash Employed (ROCE) of 43 %.
• Peace of mind for long-term planning with 106 years remaining on the lease.
• Located in the popular PE21 postcode, providing excellent access to local shops, bars, restaurants, and public transport links (bus and train).
Property & Operational Details
• Spacious two-bedroom layout featuring a first-floor bathroom and a bright, open-plan kitchen-living area.
• Standard construction, first-floor flat.
• Leasehold, with a manageable ground rent of £200 per annum.
• Excellent proximity to amenities and transport ensures high demand and consistent occupancy potential.
Financial Snapshot
• Market Value: £70,000
• Purchase Price: £56,000
• Gross Rental Income: £725 PCM
• Cash Required to Complete: £22,800 (including SDLT, legal and sourcing fees, etc.)
• Refinance Potential: Estimated cash-out of £52,500, resulting in only £12,300 "money left in" the deal
Full Support Package
This opportunity includes access to a comprehensive sourced support package, including:
• SPV company formation and accounting services.
• Specialist commercial finance solutions.
• Fully compliant HMO management via our local lettings network.
Next Steps
This asset is competitively priced and positioned for quick acquisition. To request full compliance documentation or to reserve this opportunity, please contact us today.
Sourced reference: 379969214848545
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£5,252
ROCE43%
Yield12%
Purchase £ £56,000
Sales Agent
Smijo Peter
Crestora Property Group Ltd
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