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£9,997
ROCE19%
Yield15%
Purchase £ £12,450
Property description
Strategy: Buy to Let
Boasting no onward chain, this three bedroom terraced home is situated within a popular location near to Lincoln City Centre and local access to a wealth of amenities.
Rental demand in the LN5 area (Lincoln) is strong, as evidenced by significant rent increases of approximately 68% between 2020 and 2025. The market has seen consistent growth and is considered appealing for investors due to ongoing development and infrastructure improvements.
The financials:
▪ Purchase price: £105,000
▪ Refurb costs: £18,000
▪ GDV: £130,000
▪ Annual profit: £9,997
▪ Yield: 15%
▪ ROCE: 19%
▪ Monthly profit: £833
Sourced reference: 549537643861638
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£9,997
ROCE19%
Yield15%
Purchase £ £12,450
Sales Agent
Michael Parry
SILKSTONE ESTATES 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