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£1,542
ROCE13%
Yield8%
Purchase £ £8,200
Property description
Strategy: Buy to Let
Deal 1 - Fantastic BMV-Tenanted-2 BED BTL
This Tenanted Investment opportunity is a 2 Bed Terraced BTL located in Stockton-on-Tees
The Investment Financials:
▪ Purchase price: £58,000 Secured down from £65,000
▪ GDV: £75,000
▪ Refurb costs: £0
▪ Annual profit: £1,542.06 (Current Rent of £480)
▪ Strong ROCE: 29%
▪ Gross yield: 8%
Property can be represented back to the market to achieve current market value below.
▪ Annual profit: £3084.30 (Estimated Market Rent of £650)
▪ Strong ROCE: 26%
▪ Gross yield: 10%
Our Local Preferred Property Management Company ready to help the buyer to achieve current market rate for the property.
Our All-Inclusive Service:
▪ Property sourcing: We identify and secure profitable investment opportunities.
▪ Finance: We assist with securing competitive financing options.
▪ Refurbishment: Local teams handles all renovation and refurbishment work.
▪ Tenant placement: Most Properties are Tenanted, but AMRP Lettings will provide this service.
▪ Property management: Local property management with 20 years experience ready to be instructed.
Sourced reference: 419952779844676
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£1,542
ROCE13%
Yield8%
Purchase £ £8,200
Sales Agent
Matt Matthews
Lean Property Ltd / Triple M Real Estate
Smart support to move your deal forward
Review the numbers
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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