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£297,500
ROCE20%
Yield8%
Purchase £ £5,000
Property description
Strategy: Buy to Let
"Investment Opportunity – 24 Apartments with 25-Year FRI Lease"
This is a secure, long-term investment with a strong covenant and immediate income.
- Tenure: Freehold
- Asset: 24 high-quality apartments
- Tenant: Grade A tenant – Registered Provider backed by the local council
- Lease term: 25 years
- Lease type: Fully FRI (Full Repairing and Insuring)
- Rent Review: Linked to inflation (RPI)
- Income: Earnings from day one
- Vacant possession option: Available upon request — please confirm interest promptly
The financials:
▪ Purchase price: £6,000,000
▪ Annual profit: £297,500
▪ ROCE: 20%
▪ Yield: 8%
▪ Rent: £500,000 per annum
Note: The deal can be sold with the SPV to AVOID paying Stamp Duty.
Sourced reference: 932636386619757
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£297,500
ROCE20%
Yield8%
Purchase £ £5,000
Sales Agent
Mohammed Hama
Cosmo Properties 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