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£4,556
ROCE18%
Yield6%
Purchase £ £11,350
Property description
Strategy: Buy to Let
3-Bed BTL in Mirfield
Strategy: Buy-to-Let, Buy-to-Sell
We are delighted to present you this freehold property located in Mirfield outstanding BTL and add-on to your portfolio. This deal presents exciting opportunity for investor to secure a guaranteed cash flow and capital growth through high area appreciation.
This deal requires modernisation/refurbishment bringing this property to £185k GDV. With strong potentials awaiting for a investor, this deal delivers both strong cash flow and capital appreciation .
Key highlights: Perfect for entry level investment BTL for investors who are looking for SECURITY for cash flow and capital growth.
The financials :
▪ Purchase price: £110,000
▪ GDV: £185,000
▪ Refurb costs: £30,000
▪ Annual profit: £4,556
▪ ROCE: 18%
▪ Yield: 6%
▪ ROI: 12%
▪ Annual rent projected: £10,800
▪ monthly rent: £ 900
Sourced reference: 919354621414771
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£4,556
ROCE18%
Yield6%
Purchase £ £11,350
Sales Agent
Kamran Habib
SE 100-114 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