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
GDV£95,000
Profit£11,250
ROCE13%
Purchase £ £5,750
Property description
Strategy: Buy to Sell
Leeds 2-Bed Flat - Second Floor Investment Opportunity
46, Whitehall Croft, Leeds LS12 5NJ
- Approx 21% Discount
- 2-bed leasehold flat
- Leasehold: 104 years remaining
- Non-Standard Construction
Investment Figures:
▪ Purchase price: £75,000
▪ GDV: £95,000
▪ Purchase costs: £5,750
▪ Profit once sold: £11,250
▪ ROCE: 13%
• Sourcing fee: £3,000
• Investment required: £83,750
Vendor / Deal Highlights:
• 21% below current value
• Leasehold with 104 years remaining
• Currently tenanted with rental income
• Immediate return on investment
• Functional 2-bedroom, 1-bathroom layout
• Prime LS12 postcode location
• Excellent bus and train links
• Close to city centre and local amenities
• Popular bars and restaurants nearby
Accommodation:
Second Floor:
• 2 Bedrooms
• Living Room
• Kitchen
• Bathroom
Recent Sold Comparables (within approx. 0.5 miles):
• Nearby LS12 2-Bed Flat – Sold for £92,500 (Rightmove Sold Prices, last 6 months)
• Nearby LS12 2-Bed Flat – Sold for £97,000 (Zoopla Sold Prices, last 6 months)
• Nearby LS12 2-Bed Flat – Sold for £95,500 (Rightmove Sold Prices, last 6 months)
Additional Benefits:
• Long lease provides investment security
• Currently generating £700 PCM rental income
• Low ground rent (£270 p.a.) and service charge (£600 p.a.)
• Close proximity to Leeds city centre (10-minute drive)
• Strong transport connectivity
• Ready-to-let investment with immediate returns
An exceptional buy-to-let opportunity in the thriving LS12 postcode of Leeds. This 2-bedroom, 1-bathroom second-floor flat presents a strategic investment with a 21% discount to current value, generating immediate rental income of £700 per month. Boasting a long lease, convenient transport links, proximity to the city centre, and nearby amenities, this property is ideal for investors seeking a readily tenanted asset in a vibrant location.
Serious enquiries only.
Sourced reference: 964624861368769
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
GDV£95,000
Profit£11,250
ROCE13%
Purchase £ £5,750
Sales Agent
Jon Solitro
Jon Sol Property
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