This is a 2-bedroom, end-terrace property in the heart of the popular investment postcode of L4. The property is being sold vacant and so will benefit from full market rent from day one. The strong rental demand in the area will make a great addition to a growing property portfolio.

The financials:
▪ Purchase price: £85,000
▪ GDV: £90,000
▪ Annual profit: £3,390
▪ ROCE: 17%
▪ Yield: 9%

▪ Estimated rent PCM: £675
▪ Sourcing fee: £2,500

Please also take into consideration associated costs subject to your circumstances.

Metrics based on an assumption of 80% LTV interest only mortgage with 5% interest rate, 10% management fees and £25 per month insurance, sols fees of £500 and SDLT of £4250. Indicative only.

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.