Are you looking for a strong investment opportunity that can generate income without delay and support the growth of your property portfolio?

This is a well-presented one-bedroom cottage located in Barrowford. Many investors are drawn into unrealistic expectations where the numbers do not align, leaving them in unproductive cycles. At Sourced, we take a structured approach, ensuring that each opportunity is thoroughly assessed and clearly presented, so you understand exactly where your investment is positioned.

We are pleased to present this buy-to-let opportunity in Barrowford. The property requires only minor cosmetic modernisation to enhance its appeal and attract a higher-quality tenant profile. Once completed, it is ready to generate steady rental income, allowing you to progress with your investment without unnecessary delays.

Situated within the BB9 postcode, the property is located in a well-established residential area with a range of nearby amenities, including supermarkets, schools, leisure facilities, and local transport links. This makes it an attractive option for both families and professional tenants, supporting consistent rental demand. The property offers an estimated yield of approximately 9%, with potential for around 2% annual rental growth, providing stability for your investment.

Key property details:
- 1 bed cottage
- 43 sqm
- Freehold
- No chain

Key financial
▪ Purchase price: £80,000
▪ GDV: £103,000
▪ Refurb costs: £7,000
▪ Annual profit: £4,903
▪ ROCE: 23%
▪ Yield: 9%

▪ purchase cost: £5,300
▪ Rental income: £800
▪ Annual rent: £9,600
▪ Profit per month: £408
▪ Money left after refinancing: £21,550
▪ Investment required:£48,315

Sourced offers a holistic property investment ecosystem built to accelerate your portfolio’s growth. Our integrated services provide everything needed for a seamless investment journey:
* Corporate Structure & Tax: Expert SPV establishment and accounting via Sourced Enterprise.
* Private Funding: Direct access to specialized lending through Sourced Finance.
* Full-Service Operations: Expert renovation teams and a dedicated, compliant management division through Sourced Living.
* Dedicated Expertise: Immediate access to in-house legal and conveyancing specialists

Sourced reference: 942165454193451