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£3,551
ROCE11%
Yield9%
Purchase £ £31,000
Property description
Strategy: Buy to Let
•Do you want to get into property? It starts here with this wonderful opportunity In Accrington.
This is a well-presented two-bedroom terraced property located in Accrington. The property market is constantly moving, and understanding this allows investors to act efficiently. We have streamlined the process by preparing this opportunity in advance, helping to reduce unnecessary steps that can impact profitability.
We are pleased to present this two-bedroom buy-to-let opportunity in Accrington, which requires only minimal cosmetic improvements to bring it up to a strong rental standard. Once completed, the property has the potential to generate income from day one, offering an estimated yield of approximately 9%.
The property is situated in a strong rental area within the BB6 postcode, with convenient access to local amenities including supermarkets, schools, and transport links to the town centre. This makes it a suitable option for a residential buy-to-let investment.
Key property details:
- 2 bed terraced
- 71 sqm
- Freehold
- No chain
- EPC : D
Key financial
- purchase price: £75,000
- purchase cost: £9,300
- Refurb cost: £5,000
- GDV: £80,000
- Rental income: £600
- Annual rent: £7,200
- Profit per month: £296
- Annual profit: £3,551
- Yield: 9%
- Money left after refinancing: £31,487.5
- Investment required:£38,987.5
Sourced offers a holistic property investment ecosystem built to accelerate your portfolio’s growth. Our integrated services provide everything needed for a seamless investment journey:
* Corporate Structure & Tax: Expert SPV establishment and accounting via Sourced Enterprise.
* Private Funding: Direct access to specialized lending through Sourced Finance.
* Full-Service Operations: Expert renovation teams and a dedicated, compliant management division through Sourced Living.
* Dedicated Expertise: Immediate access to in-house legal and conveyancing specialists
Sourced reference: 459471367331641
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£3,551
ROCE11%
Yield9%
Purchase £ £31,000
Sales Agent
Kamran Habib
SE 100-114 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