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£5,153
ROCE32%
Yield10%
Purchase £ £8,600
Property description
Strategy: Buy to Let
Not to be missed! A new BTL opportunity for your review.
This deal offers strong fundamentals, an excellent return on capital employed, and a value-add refurbishment, making it ideal for investors seeking both income and uplift.
Key Property Details
• 2-bedroom terrace
• Approx. 64–69 sqm
• Freehold
• Established residential location
• Standard terrace layout
• Council tax band A
• Vacant possession
• No onward chain
• Refurbishment required to modernise (kitchen & decoration) – £14,300
Key Financials
Example BTL mortgage: 75% LTV, 5% interest, interest-only
• Target purchase price: £55,000
• Purchase costs: £8,600 - includes:
£4,000 sourcing fee
£1,500 legal
£350 insurance
£2,750 SDLT
• Refurbishment costs: £14,300
• Total investment required (purchase costs + refurb): £38,853
• Gross monthly rent: £695
• Gross annual rent: £8,340
• Monthly mortgage payment: £266
• Monthly net income: £429
• Annual net income: £5,153
• Gross yield: 10%
• ROCE: 32%
Mortgage Assumptions
• Loan: £41,250
• LTV: 75%
• Rate: 5% interest-only
• Annual interest: £2,062.50
• Monthly mortgage: approx. £266
Investment Highlights
• Strong double-digit yield in a proven rental location
• Excellent ROCE at 32%, driven by value-add strategy
• Freehold asset – no service charges or lease restrictions
• Opportunity to increase value through refurbishment
• Suitable for long-term hold or refinance strategy
Complete Investment Support Package
With Sourced, you have access to a complete property investment support package in one place.
This includes:
• Sourced Enterprise – full limited company SPV setup and accounting support
• Sourced Finance – access to specialist lending options not usually available on the high street
• Sourced Living – fully compliant lettings and property management service
• Legal support – conveyancing team available if required
• Renovation support – experienced refurbishment team ready to assist with works where needed
Investor Note
The figures below are based on current market conditions and comparable sales within the last 12 months. All costs have been included to reflect a realistic taxable income position. As always, property should be viewed as a long-term investment, offering steady cash flow and capital growth rather than a short-term gain.
For further details or to invest, please get in touch.
Sourced reference: 453619669237673
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£5,153
ROCE32%
Yield10%
Purchase £ £8,600
Sales Agent
Besnik Vrapi
Lendwell Properties 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