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£5,437
ROCE25%
Yield11%
Purchase £ £9,100
Property description
Strategy: Buy to Let
Strategy: BTL
This one-bedroom terraced property, located in Briercliffe, Lancashire, offers strong capital appreciation and excellent cash flow. The deal is ready to go, allowing you to start generating a comfortable return immediately. While the property is already highly desirable due to its location, this is a ideal investment for a first time investor or even a professional looking to grow their portfolio.
Key property details:
- 1bed mid terraced
- 49sqm
- Freehold
- No chain
- Briercliffe
Key financial :
- purchase price: £65,000
- purchase cost: £9,100
- Refurb cost: £0
- GDV: £70,000
- Rental income: £650
- Annual rent: £7,800
- Profit per month: £453
- Annual profit: £5,437
- Yield: 11%
- Money left in after refinance: £21,600
- Sourcing fee: £3,000
For further information get in touch.
Sourced reference: 731916661318354
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£5,437
ROCE25%
Yield11%
Purchase £ £9,100
Sales Agent
Kamran Habib
SE 100-114 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