£ 145,000
Added: 25/04/2025
Profit pa£4,087
ROCE16%
Yield6%
Strategy: Buy to Let
This is an opportunity to purchase a below market value 3-bedroom, semi-detached house in Swansea. The property is in good condition, with only cosmetic refurb required. It also has a very large garden with outbuildings. This could be a hands-off investment as we can arrange and project manage refurbishment if required.
Financials
▪ Purchase price: £145,000
▪ Purchase costs: £8,900
▪ Sourcing fee: £2,500
▪ Renovation: £15,000
▪ GDV: £195,000
▪ Profit: £23,200
Refinance and Rent:
▪ Money left in: £25,550
▪ Annual rent: £11,400
▪ Annual net: £4087
▪ Monthly net: £340
Sourced reference: 924983725139627
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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