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£5,340
ROCE23%
Yield15%
Purchase £ £20,650
Property description
Strategy: Buy to Let
23% ROCE Buy-to-Let Opportunity – Lincolnshire
£48,000 Purchase Price | £600 pcm Rental Potential | 23% ROCE
A low-entry-price buy-to-let opportunity in Lincolnshire, negotiated down to just £48,000 on behalf of Sourced.
The property requires a small amount of redecoration and general TLC, after which it is expected to achieve rental income of up to £600 pcm.
With a relatively low purchase price and strong projected rental returns, this could suit investors looking to add a high-yield property to their portfolio without a significant upfront capital requirement.
INVESTMENT FINANCIALS
Purchase Price: £48,000
Investment Required: £23,650
Finance: 75% LTV
Projected Rent: Up to £600 pcm
Projected Profit: £445 pcm / £5,340 pa
ROCE: 23%
Gross Yield: 15%
WHY THIS DEAL?
Low purchase price of just £48,000
23% projected ROCE
15% projected gross yield
Rental potential of up to £600 pcm
Relatively modest amount of capital required
Small amount of redecoration / TLC required
Purchase price negotiated down on behalf of Sourced
FULL INVESTMENT SUPPORT
Sourced can assist with the wider investment process, including:
Finance • Letting • Property Management • SPV Formation • Accounting
If you're looking for a low-cost, high-yield buy-to-let opportunity, get in touch for the full property details or to secure the deal.
Sourced reference: 422123213634135
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£5,340
ROCE23%
Yield15%
Purchase £ £20,650
Sales Agent
Ben Barton
Kimber Le Prevost Limited
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