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£5,664
ROCE23%
Yield12%
Purchase £ £9,900
Property description
Strategy: Buy to Let
Overseas Investors - Turnkey BTL in Padiham, Lancashire - 12% Yield
This mid terraced house appears in good general condition waiting for tenants!. Please remember, we will view the property and start the negotiation on your behalf if you wish to purchase, subject to our contract, proof of funds and an AML check being in place. We pride ourselves on staying legally compliant every step of the way.
Lettings management available for overseas investors.
Investment Area: Lancashire
Strategy: Buy to Let
Traditional mid terrace house.
Turnkey Stock, no refurbishments required.
Key property details:
Leasehold
56 sqm
EPC D
Council tax band A
Vacant possession
No chain
Financials:
Purchase Price - £65,000
Sourcing Fee: £3,000
Purchase Costs - £8,100
Gross Rent - £8,100pa
Mortgage Interest - (£2,438)pa
Gross Profit - £5,662pa
Yield - 12%
ROCE - 23%
Location:
2.3 miles - Burnley City Centre
0.8 miles - Hapton
0.1 miles - by - Abingdon Road - W
0.4 miles - Tesco Padiham Superstore
0.5 miles - Padiham Group Practice
3.0 miles - Burnley General Teaching Hospital
0.1 miles - Whitegate Nursery School (Nursery, 2 to 5, Mixed)
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.
If you are interested in this or similar opportunities that you would like us to find for you please contact
ben.barton@sourced.co
Sourced reference: 958926631924255
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£5,664
ROCE23%
Yield12%
Purchase £ £9,900
Sales Agent
Ben Barton
Kimber Le Prevost 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