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£14,190
ROCE18%
Yield10%
Purchase £ £74,356
Property description
Strategy: Buy to Let
Off-Market Opportunity -
Already tenanted - guaranteed rent from housing association with 10% yield.
- 4-bedroom, semi-detached/end terrace
- Freehold
- No council tax or utility bills
- Avoid middle management, registration or set up fees.
- Eliminate the risk of vacancy periods and lost income.
- Guaranteed rent - payments backed by a FTSE 251 company or Government backed leases.
- Benefit from enhanced LHA rental payment rates above standard rates.
The financials:
▪ Purchase price: £227,040
▪ Annual profit: £14,190
▪ ROCE: 18%
▪ Yield: 10%
▪ Currently tenanted with annual rent: £22,704
Sourced reference: 566623213315498
Due diligence
Please do your own due diligence.
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£14,190
ROCE18%
Yield10%
Purchase £ £74,356
Sales Agent
Imogen Ridley
Sourced Franchise
Smart support to move your deal forward
Review the numbers
We've pre-crunched the figures for you.
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