Sourced Approved Investment

BMV Apartment in Leeds Yorkshire Humber - Apartment

£ 65,000

Added: 12/11/2024

Profit pa£5,300

ROCE22%

Yield18%

Property description

Strategy: Buy to Let

"BMV 2-Bed Apartment in Leeds"

This is a spacious 2-bedroom property in Leeds. Secured below market value with sitting tenants.

Gain £25,000 of equity on day 1.

Figures:
▪ ⁠Purchase price: £65,000
▪ Market value: £90,000
▪ Discount: 27%
▪ ⁠Rent: £950
▪ Yield: 18%
▪ Fee: £4,000

- Sale at £90,000 just fell through
- Leasehold - 117 years remaining
- Ground rent: £200 pa
- Service charge: £3,500 pa

Enquire for full details.

Sourced reference: 692123221229268

Location map

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.

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Due diligence

No information supplied.

Sales Agent

Mr Matt Mason

BMV Specialist

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