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£3,276
ROCE14%
Yield8%
Purchase £ £30,900
Property description
Strategy: Buy to Let
Strategy: BTL
We report profits net of all costs. While valuations are based on last year's benchmarks—and subject to current economic shifts—this asset’s track record is undeniable: it has thrived even in a disrupted market
Approach
Our strategy is built on the belief that property is a multi-year journey. We prioritise long-term value over quick wins, utilising steady rental yields and projected growth rates of 4%-5% appreciation and 2% rental hikes to build a dependable financial future for our investors.
Key property details:
- 2 bed terraced
- 62sqm
- Freehold
- No chain
Key financial
- purchase price: £72,000
- purchase cost: £30,000
- Refurb cost: £5,000
- GDV: £82,000
- Rental income: £600
- Profit per month: £273
- Annual profit: £3,276
- Yield: 8%
- Money left after refinancing: £23,920
For further information, please get in touch.
Sourced reference: 613392616189292
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£3,276
ROCE14%
Yield8%
Purchase £ £30,900
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