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£5,100
ROCE13%
Yield17%
Purchase £ £1,200
Property description
Strategy: Buy to Let
Sourced presents an Exclusive Investment Opportunity – High-Yield 1-Bed Flat in Dewsbury – 13% NET yield BTL.
We are delighted to offer this excellent Below Market Value (BMV) 1-bed flat at Howgate House, Wellington Road, Dewsbury.Perfect for savvy investors l ooking for strong returns, this property is in the process of being let out at £575 per month and offers an impressive 13% NET yield.
Property Details:
• Location: Flat 24, Howgate House, 3 Wellington Road, Dewsbury, WF13 1HF
• Type: 1-bed flat, 3rd floor with lift access
• Lease: 79 years remaining
• Rental income: £575 pcm (furnished)
• Ground rent: £200 per annum
• Service charge: £1,600 per annum
• NET Income: £425 pcm / £5100 per annum
OUR PRICE: offers above £35,000 for a quick deal
This property is an incredible opportunity for cash buyers seeking a high-yield investment in a growing area.
Zoopla valuation: £40,000
https://www.zoopla.co.uk/property/uprn/83163979/?design=variation
Sourced reference: 973145281967866
Due diligence
No information supplied.
Location
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£5,100
ROCE13%
Yield17%
Purchase £ £1,200
Sales Agent
Mush Fazel
MJF Property Ltd
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