Sourced Approved Investment

Hands-Off Investment East Midlands - Apartment

£ 975,000

Added: 04/04/2025

Profit pa£62,000

ROCE7%

Yield6%

Property description

Strategy: Buy to Let

This newly-developed mixed-use building features five residential units and a ground floor shop, all with rental agreements already in place.

We are seeking an investor to purchase the entire building and enjoy a hassle-free, long-term investment with a 6% return and an annual income of £62,000.

There is also a 0.5% stamp duty saving available, and we’re happy to provide guidance on how to take advantage of it.

The financials:
▪ Purchase price: £975,000
▪ Annual profit: £62,000
▪ ROCE: 7%
▪ Yield: 6%

Sourced reference: 486228645493363

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.

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Due diligence

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Sales Agent

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