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£6,300
ROCE42%
Yield8%
Purchase £ £10,700
Property description
Strategy: Buy to Let
A spacious 2-bedroom freehold house in Bacup, offering a strong Buy, Refurbish, Rent, Refinance opportunity with clear value-add potential.
The property extends to approximately 101 sqm, giving investors a generous internal footprint to refurbish, improve rental appeal, and drive capital uplift. With a projected end value of £160,000, this deal is well suited to investors looking to recycle capital while retaining a cash-flowing asset.
Once refurbished and tenanted, the property is projected to leave only £15,097 in the deal after refinance, while producing strong monthly cashflow and a projected 42% ROCE.
Key Financials
▪ Purchase price: £90,000
▪ GDV: £160,000
▪ Refurb costs: £22,960
▪ Money left in after refinance: £15,097
▪ Monthly rent: £1,050
▪ Monthly profit: £525
▪ Annual profit: £6,300
▪ Yield: 8%
▪ ROCE: 42%
A strong BRRR opportunity for investors looking to add value, refinance, and retain a high-performing rental asset.
Sourced reference: 976994582727166
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£6,300
ROCE42%
Yield8%
Purchase £ £10,700
Sales Agent
Paul Adeleye
P & E Property
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