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£4,935
ROCE20%
Yield12%
Purchase £ £8,450
Property description
Strategy: Buy to Let
Not to be missed! A new BTL opportunity for your review.
The figures below are based on the property being fully modernised and achieving market rent in line with comparable refurbished properties in the area. All costs have been included to reflect a realistic taxable income position. As always, property should be viewed as a long-term investment, offering steady cash flow and capital growth rather than a short-term gain.
This deal offers strong fundamentals, an excellent yield and a clear value-add refurbishment strategy, making it ideal for investors seeking a high cashflow, income-producing asset.
Key Property Details
• 2 Bed terrace
• Freehold
• Established residential area
• Standard terrace layout
• EPC C
• Council tax band A
• Suitable for buy-to-let investment
• Full modernisation required (£14,300)
Key Financials
Example BTL mortgage: 75% LTV, 5% interest, interest-only
• Purchase price: £52,000
• Mortgage at 75% LTV: £39,000
• Deposit: £13,000
• Stamp duty: £2,600
• Purchase costs: £8,450
• Sourcing fee: £4,000
• Refurb costs: £14,300
• Total investment required: £37,833
• Gross monthly rent (post-refurb): £700
• Gross annual rent: £8,400
• Monthly profit after deductions: £411
• Annual profit after deductions: £4,935
• Gross yield: 12%
• ROCE: 20%
Mortgage Assumptions
• Loan: £39,000
• LTV: 75%
• Rate: 5% interest-only
• Annual interest: £1,950
• Monthly mortgage: approx. £219
Complete Investment Support Package
With Sourced, you have access to a complete property investment support package in one place.
This includes:
• Sourced Enterprise – full limited company SPV setup and accounting support
• Sourced Finance – access to specialist lending options not usually available on the high street
• Sourced Living – fully compliant lettings and property management service
• Legal support – conveyancing team available if required
• Renovation support – experienced refurbishment team ready to assist with works where needed
For further details or to invest, please contact us.
Sourced reference: 948635854766323
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£4,935
ROCE20%
Yield12%
Purchase £ £8,450
Sales Agent
Besnik Vrapi
Lendwell Properties Limited
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