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£5,039
ROCE24%
Yield10%
Purchase £ £8,800
Property description
Strategy: Buy to Let
Are you looking for a simple, straightforward investment that saves both time and money? Here’s why this could be your next investment opportunity.
This is a fantastic 2-bedroom below-market-value (BMV) terraced property located in Bacup, Lancashire. The property offers secure and strong capital appreciation, alongside strong cash flow potential with an estimated rental increase of 2% per annum.
We are pleased to present this excellent BMV opportunity in Bacup. This 2-bedroom mid-terraced property is a proven cash-flow investment, offering both stability and security for investors.
Located in the OL13 area, the property sits within a well-established residential neighbourhood surrounded by local amenities, providing access to a wide tenant pool.
Key property details:
- 2-bedroom terraced property
- 58 sqm
- Freehold
- No chain
Key Financials
▪ Purchase price: £85,000
▪ Purchase costs: £8,800
▪ Refurbishment costs: £0
▪ GDV: £100,000
▪ Monthly rental income: £800
▪ Annual rental income: £9,600
▪ Monthly profit: £419
▪ Annual profit: £5,039
▪ Yield: 10%
▪ Equity: £20,712
▪ Sourcing fee: £3,000
For further information get in touch.
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: 487976184595865
Due diligence
No information supplied.
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£5,039
ROCE24%
Yield10%
Purchase £ £8,800
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