£ 170,000
Added: 27/11/2024
Profit pa£9,525
ROCE19%
Yield8%
Strategy: Buy to Let
This is a great BTL in a great location offering immediate returns. Stockport is fast becoming a prime location for property investment and this fantastic end terrace property split into ground and first floor 1-bedroom flats offers a superb opportunity to add to your portfolio. This opportunity needs an investor ready to move quickly as it surely won't be available for long!
The financials:
▪ Purchase price: £170,000
▪ GDV: £210,000
▪ Refurb costs: £10,000
▪ Annual profit: £9,525
▪ ROCE: 19%
▪ Gross yield: 8%
▪ Market value (est): £210,000
▪ Sourcing fee: £3,400
▪ Annual rent: £17,400
(Figures exclude maintenance and management)
Sourced reference: 834679529878616
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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