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£4,234
ROCE17%
Yield9%
Purchase £ £11,700
Property description
Strategy: Buy to Let
This is a 3-bedroom mid-terrace property, which represents an excellent opportunity for buyers looking to renovate and add value. Requiring a full scheme of modernisation throughout, with strong rental demand.
The financials:
▪ Purchase price: £65,000
▪ GDV: £110,000
▪ Refurb costs: £24,400
▪ Annual profit: £4,234
▪ ROCE: 17%
▪ Yield: 9%
▪ Net profit PCM: £352
Strong cash flowing property with good value uplift. Perfect property for an investor looking to do their first hassle free project, or an investor who is looking to add to their existing portfolio.
Contact for further information.
Sourced reference: 594783238494283
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£4,234
ROCE17%
Yield9%
Purchase £ £11,700
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