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£33,360
ROCE11%
Yield11%
Purchase £ £28,450
Property description
Strategy: Buy to Let
4 x 1-Bed Apt Block in Kinmel Bay
We are pleased to present an outstanding portfolio of 4 x 1-bedroom apartment block opportunity in the beautiful coastal town of Kinmel Bay, North Wales. This project represents an exciting chance for investors to secure strong cash flow through a high-demand, high-yield property and with tenants in situ income from day 1.
Located in a prime position within the town, with easy access to local amenities ensuring continued tenant demand in a thriving rental market. With rising demand for quality rental accommodation in the area, this opportunity delivers excellent income and a desirable place for tenants to live. The property is located close to Rhyl and all the local and coastal amenities offered in Kinmel Bay.
The financials (Assuming All Cash Buyer):
▪ Purchase price: £300,000
▪ Annual profit: £33,360
▪ Gross yield: 11%
▪ ROCE: 11%
Key Highlights:
- Excellent investment opportunity with immediate income from day 1 and 100% occupancy.
-Potential future use as serviced accommodation
- High rental demand in the area, driven by local employment hubs, coastal amenities, and excellent transport links including (Avanti West Coast mainline station 5mins away, A55 N. Wales Expressway 10mins away.)
- Impressive projected returns with £33,360 gross rental income
- 11% gross yield, making this deal stand out in today’s market.
- Ideal for investors seeking robust cash flow and long-term capital appreciation.
Sourced reference: 446391456199929
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£33,360
ROCE11%
Yield11%
Purchase £ £28,450
Sales Agent
Dan Ellis-Forrest
Everlong Property Group 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