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£3,825
ROCE21%
Yield10%
Purchase £ £25,500
Property description
Strategy: Buy to Let
Guaranteed Rent BTL – Cleethorpes
We are pleased to present an outstanding supported housing BTL opportunity in Cleethorpes. This project presents an exciting opportunity for investors to secure a strong cash flow and significant capital growth through a high-demand, high-yield property.
This deal involves assigning a 2-year rolling supported housing lease, strategically located in a high-demand area. With the rising demand for supported housing, this BTL has the potential to deliver both excellent income and a substantial increase in value through capital appreciation.
Secure 2-year rolling lease with no voids/maintenance, or management
The Financials:
▪ Purchase price: £65,000
▪ GDV: £75,000
▪ Annual profit: £3,825
▪ Gross yield: 10%
▪ ROCE: 21%
▪ Annual rent (Projected): £7,200
▪ Monthly profit: £318
Key Highlights:
- Low purchase price with excellent entry point for investors.
- 2-year rolling lease - no voids/management or maintenance
- High supported housing demand in the Cleethorpes area
- 10% gross yield, making this deal stand out in today’s market.
- Ideal for investors seeking robust cash flow and long-term capital appreciation.
Sourced reference: 986452253558715
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£3,825
ROCE21%
Yield10%
Purchase £ £25,500
Sales Agent
Rory Kenny
Property Panacea
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