£ 85,000
Added: 12/11/2024
Profit pa£3,900
ROCE18%
Yield7%
Strategy: Buy to Let
Hands-Free BRR Opportunity: Greenside Gem
Secure Your Investment Today! Introducing a fantastic 2-bed semi-detached home in Greenside, Ryton, Tyne and Wear. This property offers a prime opportunity for investors seeking strong returns.
Key Investment Highlights:
▪ Purchase price: £85,000
▪ Gross Development Value (GDV): £120,000
▪ Refurb costs: £13,000
▪ Estimated monthly net profit: £325
▪ Estimated yearly net profit: £3,900
▪ Strong ROCE: 18%
▪ Gross yield: 7%
Our All-Inclusive Service:
▪ Property sourcing: We identify and secure profitable investment opportunities.
▪ Finance: We assist with securing competitive financing options.
▪ Refurbishment: Our in-house team handles all renovation and refurbishment work.
▪ Tenant placement: We find reliable tenants and manage the tenancy process.
▪ Property management: We provide comprehensive property management services, including rent collection and maintenance.
Join our network of satisfied investors. With years of experience and a proven track record, our team has successfully closed over 200 property deals in the North East.
Sourced reference: 668617731279322
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.
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