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£6,450
ROCE27%
Yield10%
Purchase £ £6,160
Property description
Strategy: Buy to Let
Property Description: Two Bed Terraced Tenanted Property 10% Gross Yield.
Investment Area: Cheshire
Strategy: Buy to Let
*TENANT IN SITU*
This traditional mid-terrace house is in the heart of a sought-after neighbourhood. 2 bedroom accommodation offering a spacious living space with large windows offering plenty of natural light, a fully equipped kitchen, and a modern bathroom. The bedroom is bright with large windows. Situated in a prime location, there is easy access to the supermarket, fast food outlets, and restaurants.
Key property details:
- 2 Bedroom Terrace
- Freehold
- 77 sqm
- EPC D
- Council tax band A
- Tenanted
- No chain
Key financials example bridging loan purchase and refinance:
▪ Total investment £29,300
▪ Purchase price: £89,000
▪ Legals: £2,000
▪ Stamp duty: £4,500
▪ Sourcing fee: £4,000+vat
▪ Refurb costs: £0
▪ GDV: £100,000
▪ Gross monthly rent: £850
▪ Gross annual rent: £10,200
▪ Annual profit: £6,450
▪ Gross yield: 10%
▪ ROCE: 27
Sourced Enterprise – Full limited company formation and accounting solution for tax-efficient portfolio structuring
Sourced Financial Services – Access specialist property lending and mortgages, created for investors
Sourced Lettings– Seamlessly integrate property management using our nationwide lettings network
Sourced reference: 454987489536256
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£6,450
ROCE27%
Yield10%
Purchase £ £6,160
Sales Agent
Sourced
Franchise
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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