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£4,902
ROCE16%
Yield11%
Purchase £ £7,150
Property description
Strategy: Buy to Let
Turnkey - Guaranteed rent - Buy to let - High Cashflow - High Appreciation
*Guaranteed rent option
*Turnkey
*Total investment required: £40,900
*Monthly profit £529.29
*Gross Yield: 11%
*ROCE 16%
*Total profit projection over 10 years = £159,817.24
Property is a long-term investment, not a get rich quick scheme. Steady growth and strong cashflow is on offer with this deal with capital growth of 5.5% PCA. These are also below market value so the equity will be more than your costs to purchase the property (including sourcing, deposit, legals, survey, stamp, mortgage fee).
Why now is the time to buy in Lincoln?
Rental demand in this area of Lincoln is exceptionally high, heavily driven by an ongoing structural supply shortage. The private rented sector in Lincoln is experiencing significant pressure, resulting in an aggressive 6.9% annual private rent increase, outperforming the broader East Midlands average.
For a tenant, almost all daily necessities, retail centres, and major transport links are within a 5- to 15-minute walk, which heavily underpins the sustained tenant demand and low void rates in this specific neighbourhood.
Key property details:
- 3 Bed Terrace house
- City centre location
- 66 sqm
- EPC D
- Council tax band A
- City centre location
- Vacant possession
- No chain
Key Financials example -
Recent Leeds BTL mortgage 2yr fixed, LTV 75%, interest 5.23%, No fee:
▪ Mortgage payment: £385.71
▪ Total investment required: £40,900
▪ Fixed price: £118,000
▪ Deposit: £29,500
▪ Legals: £1,500
▪ Stamp duty: £5,900
▪ Market value: £145,000
▪ Gross monthly rent: £1,050
▪ Monthly rental profit: £529.29
▪ Annual rental profit: £6,351.45
▪ Profit projection in 10 years capital growth 5.5% PCA = £83,561.05
▪ Profit projection in 10 years net rental growth 4% PCA = £76,256.19
▪ Total profit projection over 10 years = £159,817.24
Why Invest with Sourced?
Sourced offers a comprehensive property wealth-building package in one place:
• Sourced Investment Agents: Sourcing investment opportunities tailored to your criteria.
• Sourced Enterprise: Limited company and SPV formations with tax-efficient portfolio structuring and accounting solutions.
• Sourced Finance: Access specialist property lending and mortgages, created specifically for investors.
• Sourced Lettings: Seamlessly integrate property management using our nationwide lettings management service.
Do you provide any additional services?
Yes, I can personally provide the following additional services for peace of mind
• A top-tier legal conveyancing team
• A professional and compliant renovation contractor
• Guaranteed rent options
• Hands off - We handle everything for you. Sourcing the property, doing the refurbishment, placing tenants, and collecting rent. You simply purchase the asset and receive the net income.
So what are you waiting for? If you are interested in this or similar opportunities, please get in touch.
Sourced reference: 611479235234221
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£4,902
ROCE16%
Yield11%
Purchase £ £7,150
Sales Agent
Michael Parry
SILKSTONE ESTATES LIMITED
Smart support to move your deal forward
Review the numbers
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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