Sourced Approved Investment

Cheap OM BTL in Blyth North East - House

£ 47,500

Added: 03/02/2025

Profit pa£4,500

ROCE999%

Yield7%

Property description

Strategy: Buy to Let

This off market BTL opportunity has been negotiated down and secured for £47,500, and is already tenanted generating £375 PCM and £4,500 PCA in revenue with no refurb costs required. Suitable for Cash purchase or BTL mortgage, this is a great opportunity with a strong yield. If interested, please get in touch.

Metrics BTL Mortgage:
▪ Purchase Price: £47,500
▪ Sourcing Fee: £2,000
▪ SDLT: £2,375
▪ Value: £65,000
▪ Profit on Sale: £11,825

Rental Metrics:
▪ Monthly Revenue: £375
▪ Annual Revenue: £4,500
▪ Monthly Net: £227
▪ Annual Net: £2,719
▪ Yield: 9%
▪ ROCE: 19%

Cash Purchase Metrics:
▪ Purchase Price: £47,500
▪ Sourcing Fee: £2,000
▪ SDLT: £2,375
▪ Value: £65,000
▪ Profit on Sale: £11,825

Rental Metrics:
▪ Monthly Revenue: £375
▪ Annual Revenue: £4,500
▪ Yield: 7%
▪ ROCE: Infinite Return

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Sourced reference: 871582159215251

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 Kenan Bilal

Sourced Group LTD

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