BUY - REFURBISH - RENT - REFINANCE - LINCOLN

LET AND FORGET - GUARANTEED RENT OPTION AVAILABLE FOR PEACE OF MIND AND 'HANDS OFF' INVESTMENT (See Below)

** City Centre Location
** EPC C
** Vacant possession
** £1,095 per month market rent
** Total profit projection over 10 years = £170,715.17

Key property details:-

- 3 bed terrace house
- 94 sq m
- EPC C
- Council Tax band A

Why invest in Lincoln?
Key advantages include significantly lower average costs compared to the national average, steady student and professional rental demand, and a balanced lifestyle combining urban amenities with nearby countryside.

Key Financials example: -
BASED ON RECOMMENDED PURCHASE PRICE OF £130,000:-
- REFURB £15,000
- GDV £185,000

BTL mortgage (2yr fixed, LTV 75%, interest 5%, No fee)
* Monthly mortgage payment: £578.13
* Market rent: £1,095 per month
* ROCE 14%
* Gross Yield 7%
* Profit projection in 10 years capital growth 5% PCA = £116,345.51
* Profit projection in 10 years net rental growth 4% PCA = £54,369.66
* Total profit projection over 10 years = £170,715.17

LET AND FORGET GUARANTEED RENT: No stress hands free investment!
** Instant £820 per month without waiting to find tenants.
** No tenant finding fee to pay.
** No letting management fee to pay.
** A guaranteed income paid to you on time, every month.
** You still get paid even if the sub-tenant pays late or doesn’t pay at all.
** No set up fees, monthly commissions, or hidden extras.
** No direct contact with the sub-tenant. Everything is dealt with. No queries or complaints for you to deal with.
** A guaranteed contract start date – no void periods to worry about.
** If ever needed, court costs and the eviction process covered whilst still being paid.
** Property inspections and maintenance management taken care of.
** Internal condition guaranteed (subject to fair wear and tear) up to one and half months’ rent.
** Versatile contract 1 or 2 or 3 years and your choice if you want to renew or not

Why Invest with Sourced?

We handle everything for you; sourcing the property, doing the refurbishment, placing tenants, and collecting rent. You simply purchase the asset and receive the net income.

Comprehensive property wealth-building package in one place:-

-Sourced Investment Agents: Sourcing investment opportunities tailored to your criteria.
-Sourced Enterprise: Limited company and SPV formations with tax-efficient portfolio structuring and accounting solutions.
-Sourced Finance: Access specialist property lending and mortgages, created specifically for investors.
-Sourced Lettings: Seamlessly integrate property management using our nationwide lettings management service.

Do you provide any additional services?

I can personally recommend the following additional services for peace of mind:-

• A top-tier legal conveyancing team
• A professional and compliant renovation team
• Guaranteed rent options

Here is a link to more of my property deals https://sourced.co/partner/michaelparry/properties/?page=1

So what are you waiting for? If you are interested in this or similar opportunities, please get in touch.

Sourced reference: 715959497335788