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£3,930
ROCE15%
Yield10%
Purchase £ £10,850
Property description
Strategy: Buy to Let
A modern and spacious 2‑bed, 2‑bath apartment located in a well‑maintained block of just six units. The property is currently tenanted, offering immediate income and potentially a fully hands‑off investment. Positioned within walking distance of the town centre, transport links, and major employers, this apartment benefits from strong and consistent rental demand.
Key Features
- Two double bedrooms
- Two bathrooms ( one of which is ensuite )
- Spacious lounge and separate kitchen/diner
- Top‑floor position in a small, quiet block
- Allocated parking
- Modern interiors with low‑maintenance finishes
- Tenant in situ
- No onward chain
Investment Highlights
- Turnkey buy‑to‑let
- Strong rental yield supported by stable tenant demand
- Low‑maintenance asset ideal for hands‑off landlords
- Attractive layout for professional tenants or sharers
- Located in a growing commuter town with ongoing regeneration
Key Financials
▪ Purchase price: £90,000
▪ GDV: £100,000
▪ Annual profit: £3,930
▪ ROCE: 15%
▪ Yield: 10%
▪ Purchase costs: £10,850
▪ Sourcing Fee: £4,000 +vat
Sourced Enterprise – Full limited company formation and accounting solution for tax-efficient portfolio structuring
Sourced Financial Services – Access specialist property lending and mortgages, created for investors
Sourced Lettings– Seamlessly integrate property management using our nationwide lettings network
Sourced reference: 845974163672496
Due diligence
No information supplied.
Location
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£3,930
ROCE15%
Yield10%
Purchase £ £10,850
Sales Agent
Ben Barton
Kimber Le Prevost 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