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£16,425
ROCE22%
Yield10%
Purchase £ £12,900
Property description
Strategy: HMO
4 Double Bed All En-Suite HMO in Bradford
- Yorkshire
- BTL/ BRRR/ HMO/ Conversion
- 4 Bedroom Mid Terrace modern townhouse use as is or convert to luxury all ensuite
Key property details:
- Freehold
- 119sqm
- EPC C
- Council tax band D
- Vacant possession
- No chain
This property has the potential to be an all ensuite 4 bedroom hmo. It is currently a 4 bedroom 2 bathroom layout. I have allowed £30,000 to complete this work although that figure does also allow for kitchen alterations should they be required. Please remember, we will view the property, negotiate the price and pursue the purchase through to exchange on your behalf, if you so wish. To move forward, you will need to sign our contract, provide proof of funds, and complete all necessary anti money laundering and identity checks. If you need funding, an SPV to hold your property or a managing agent to find tenants and collect rent then these can be arranged separately by Sourced head office in Warrington.
Purchase Price - £205,000
Stamp Duty - £11,850.
Sourcing Fee - £4,920 inc vat
Building Works Estimate - £30,000
New Value Estimate - £250,000
Max Rent - £25,800
Gross Profit - £16,425
Money left in after refinance - £65,920
ROCE 22%
If you are interested in this or other opportunities we have, or would like us to find a specific opportunity for you please contact
Sourced reference: 674779253576671
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£16,425
ROCE22%
Yield10%
Purchase £ £12,900
Sales Agent
Ben Barton
Kimber Le Prevost 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