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£2,550
ROCE23%
Yield9%
Purchase £ £23,250
Property description
Strategy: Buy to Let
This BTL opportunity based in Peterborough offers [9%] yield. The property is turnkey, ready to go and is below market value as the seller is highly motivated to shift the property due to personal circumstances. The property is tenanted, and it is generating income. With good capital growth and rental demand in the area, this property is highly suitable for Off Market BTL Investors looking for BMV stock with a strong yield and ROCE.
Financials
Purchase Price: £60,000
Purchase Costs: £23,250
Sourcing Fee: £3,000
Refurbishment Cost: £0
GDV: £76,000
Money Left in: £24,750
Monthly Rent: £550
Annual Rent: £6,600
Monthly Profit: £212.50
Annual Profit: £2,550
ROCE: 23%
Gross Yield: 9%
Net Yield: 3%
Sourced offer a comprehensive property wealth building package in one place;
Sourced Investment Agents - Sourcing investment opportunities for you.
Sourced Enterprise - Limited company and SPV formations with tax efficient portfolio structuring and accounting solution.
Sourced Finance - Access specialist property lending and mortgages, created for investors.
Sourced Lettings - Seamlessly integrate property management using our nationwide lettings management service.
For further information, get in touch.
Sourced reference: 935786966418316
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£2,550
ROCE23%
Yield9%
Purchase £ £23,250
Sales Agent
Morayo Adefila
RAFMO LTD
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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