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£4,928
ROCE27%
Yield8%
Purchase £ £75,000
Property description
Strategy: Buy to Let
High-Yield 2-Bed BTL Opportunity| 28% Below Market Value | 27% ROCE
This is a superb opportunity to secure a high-performing 2-bedroom end-terraced house in the historic cathedral and university city of Lincoln at a significant discount.
Negotiated to 28% below market value, this property offers immediate built-in equity and strong cash flow.
The Deal Breakdown
• Current Market Value: £110,000
• Purchase Price: £75,000 (Negotiated 28% BMV)
• Refurbishment Cost: £15,000
• Gross Development Value (GDV): £115,000
• Estimated Cash Contribution: £48,375
Cashflow & Returns (Buy-To-Let Strategy)
• Gross Rental Income: £800 pcm (£9,600 annually)
• Gross Yield: 8.35%
• Monthly NET Income: £410.63
• Annual NET Income: £4,927.50
• ROCE: 27%
Alternative Strategy: Flip
• Profit on Sale: £10,000
• ROI: 10%
• ROCE: 21%
• Profit %: 9%
Contact us today to request the full financial pack and secure this deal.
Sourced reference: 916478425664591
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£4,928
ROCE27%
Yield8%
Purchase £ £75,000
Sales Agent
Smijo Peter
Crestora Property Group 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