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£6,300
ROCE11%
Yield8%
Purchase £ £13,750
Property description
Strategy: Buy to Let
BMV - New Build Turnkey Flats in Bristol
This is a great opportunity to acquire more than 1 turnkey 1 bedroom apartments in a newly built development in Bristol with many Blue Chip companies locally at a exclusive BMV price.
Investment Highlights
- Conversion into 34 high quality apartments
- 999 Year Lease
- Share of Freehold included
- No Ground Rent
- Property prices have grown by 19.87% in the last 5 years in Filton. Between 45% and 55% in the last 10 years
- Filton a recommended investment area by property professionals
- Allocated Car Park Space included for each apartment
- 10 Year Build Warranty
- Short Term Lets allowed in the lease
- The Development is surrounding by large corporate companies
- 15 miles to Bristol Airport which is presently undergoing a major £400 million regeneration and expansion, transforming the airport and its facilities.
- Short distance to Abbey Wood Shopping Park
- 3 Miles from Bristol University
- New £3million train station approved for Filton
- AST Values: 1 Bed’s expected at £1,200 pcm
The financials:
▪ Purchase price: £180,000
▪ GDV: £195,000
▪ Annual profit: £6,300
▪ ROCE: 11%
▪ Yield: 8%
We offer hassle free investment by taking care of the entire process on your behalf.
Dont miss out on this fantastic investment opportunity to acquire a number of apartments in one of Bristols up and coming areas.
Sourced reference: 929159897143561
Due diligence
Buyers are to do their own due diligence before buying
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£6,300
ROCE11%
Yield8%
Purchase £ £13,750
Sales Agent
Michael Payne
New Strike Property Group
Smart support to move your deal forward
Review the numbers
We've pre-crunched the figures for you.
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