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£3,645
ROCE15%
Yield9%
Purchase £ £32,200
Property description
Strategy: Buy to Let
BTL-BRRR-Turnkey Investment Opportunity: Prime 2-Bedroom Flat with Existing Tenancy
Discover a turnkey investment opportunity in Rossendale district, featuring a well-maintained 2-bedroom flat that’s already generating £9,000 annual gross rental income. With reliable tenants in place and strong rental demand in the area, this property offers immediate cash flow and long-term growth potential for savvy investors.
Key Investment Highlights
• Location: Close to essential amenities, transport links, and local schools
• Property Type: 2-bedroom ground/first-floor flat (leasehold)
• Current Income: £9,000 gross per annum
• Tenancy Status: Fully let with stable, long-term tenants
• Lease Length: 105 years remaining
• Council Tax Band: A (low band = lower ongoing costs for tenants)
Tenant & Rental Security
• Existing Tenants: Verified long-term tenants with a consistent rent payment history.
• Low Vacancy Risk: Tenants have expressed no intention to move, ensuring uninterrupted income.
Why Invest in this property?
• Affordable Entry Point: Lower purchase price compared to other UK regions.
• High Rental Yield Potential: Strong demand for affordable 2-bedroom homes.
• Regeneration Area: Is seeing ongoing infrastructure and community improvements.
• Shared Outdoor Spaces: Shared front and rear gardens add value and appeal to tenants.
What Next?
This isn’t just a property - it’s a cash-flowing asset with minimal management hassle. Ideal for investors looking to expand their portfolio with a low-risk, high-yield opportunity in a growing Northern market. Please get in-touch for further details.
Sourced reference: 932572967234238
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£3,645
ROCE15%
Yield9%
Purchase £ £32,200
Sales Agent
Nabile Hifi
Terravon 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