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£5,400
ROCE10%
Yield11%
Purchase £ £8,950
Property description
Strategy: Buy to Let
A great opportunity to purchase a high yielding end of terrace house, below market value with an existing tenant in situ.
The financials:
▪ Purchase price: £44,000
▪ GDV: £50,000
▪ Annual profit: £5,400
▪ ROCE: 10%
▪ Yield: 11%
▪ Rental income: £450pm
Blackhall Colliery is a village on the North Sea coast of County Durham, in England. It is situated on the A1086 between Horden and Hartlepool. To the south of the Blackhall Colliery's Catholic church is Blackhall Rocks. As time has passed since the closure of the colliery, other industries have now begun to emerge to once again create employment in the region.
Sourced reference: 663362994448829
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£5,400
ROCE10%
Yield11%
Purchase £ £8,950
Sales Agent
Ben Fuller
Oakwood Property Partners 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