Not to be missed! A new BTL opportunity for your review.

The figures below are based on current market conditions, comparable sales and rental evidence within the local area. All costs have been included to reflect a realistic taxable income position. As always, property should be viewed as a long-term investment, focused on steady cash flow, equity growth and long-term capital appreciation rather than short-term speculation.

This opportunity offers strong rental demand, excellent cash-flow potential and significant value-add through refurbishment and refinancing. Ideal for investors seeking a long-term income-producing asset with future equity uplift.

Key Property Details
• 3 Bed semi-detached property – Middlesbrough
• 77 m2
• Freehold
• Established residential area
• Large rear garden
• Vacant possession
• Newer combi boiler installed
• Full modernisation required
• Estimated refurbishment costs: £38,500
• Estimated GDV: £100,000

Key Financials
Example BTL mortgage: 75% LTV, 5% interest-only

• Target purchase price: £60,000
• Purchase costs: £8,800
• Includes sourcing fee: £4,000
• Legal fees: £1,500
• Insurance: £350
• SDLT: £3,000
• Deposit (25%): £15,000
• Total investment required (purchase costs, deposit & refurb): £64,753
• Estimated rental income: £850 PCM
• Gross annual rent: £10,200
• Mortgage payments: approx. £313 PCM
• Management fees: 10% (£85 PCM)
• Monthly NET income: £453
• Annual NET income: £5,430
• Gross yield: 10%
• ROCE: 16%

Mortgage Assumptions
• 75% LTV BTL mortgage
• 5% interest-only product
• Monthly mortgage payment: approx. £313
• Rental stress tested using current market conditions
• Figures based on investor finance products available at time of writing

Equity Uplift & Refinance Strategy
Example bridging facility: 75% LTV at 0.89% monthly interest over 6 months

• Gross bridge loan: £45,000
• Net loan amount received: £42,597
• Estimated bridge interest: £2,403
• Estimated refinance on completed value at 75% LTV
• Estimated funds left in deal after refinance: £34,753

Complete Investment Support Package
With Sourced, you have access to a complete property investment support package in one place.

This includes:
• Sourced Enterprise – full limited company SPV setup and accounting support
• Sourced Finance – access to specialist lending options not usually available on the high street
• Sourced Living – fully compliant lettings and property management service
• Legal support – conveyancing team available if required
• Renovation support – experienced refurbishment team ready to assist with works where needed

For further details or to invest, please contact us.

Sourced reference: 653521448355223