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£6,680
ROCE17%
Yield8%
Purchase £ £8,850
Property description
Strategy: HMO
Sourced is pleased to share with you an excellent hands-free investment opportunity delivering a guaranteed 8% yield in Barnsley (S70).
Property details:
- Type: 4-Bedroom HMO - Certificate of Lawfulness for HMO already in place
- Tenant: Bridge Housing
- Lease: 3 years (from Jan 2025)
- Rent: £12,600 per annum / £1,050 per month
- Net income: No bills, no management charges – fully hands-off
Additional Highlights
- Current Zoopla valuation as a standard BTL: £124,000
- Secure, long-term lease with guaranteed rent
- Sourcing fee: £4,000 payable upon successful sale at exchange
The financials:
▪ Purchase price: £145,000
▪ GDV: £157,850
▪ Annual profit: £6,680
▪ ROCE: 17%
▪ Yield: 8%
This is a rare chance to acquire a ready-made, income-generating property with no ongoing landlord responsibilities (only building insurance) – ideal for investors seeking passive returns.
Sourced reference: 885144818751841
Due diligence
Done
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£6,680
ROCE17%
Yield8%
Purchase £ £8,850
Sales Agent
Mush Fazel
MJF Property Ltd
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