These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
GDV£260,000
Profit£57,480
ROCE28%
Purchase £ £12,520
Strategy: Buy to Sell
London BMV Pick – 28.5% BMV!
Great North Way, London, NW4 1PQ
- 1 Bed Ground Floor Flat | Leasehold
- Approx. 48sqm / 517 sq ft
- Currently Tenanted at £1,500pcm
- 128 Years Remaining on Lease
- Purchase Price: £186,000
- Estimated Market Value: £260,000
- Approx. 28.5% Below Market Value
- Ground Rent: Escalating
- Service Charge: £3,950 per annum
- Rental Income: £1,500pcm
- Gross Yield: 6.92%
- ROI / ROCE: 38%
Refinance Example:
- Estimated Value: £260,000
- 75% LTV Refinance: £195,000
- Estimated Money Left In Deal: Approx. £8,120
Key Selling Points:
* Tenant in situ producing £1,500pcm
* 128-year lease remaining
* Ground floor flat
* Excellent London commuter location
* Bus & train links nearby
* Huge range of local amenities
* Strong turnkey investment
Sourced reference: 966592366264685
No information supplied.
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.
GDV£260,000
Profit£57,480
ROCE28%
Purchase £ £12,520
Sales Agent
Jon Sol Property
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These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
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