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£4,264
ROCE19%
Yield6%
Purchase £ £45,870
Property description
Strategy: Buy to Let
Guaranteed Rent BTL in Hull
Strategy: Buy-to-let/ Buy-to-Sell
We are pleased to present a investment opportunity to add to your portfolio located in Hull. The property has strong capital growth and strong promesing yield with a strong rental demand. This deal requires modernisation / refurb hence this deal has potential for ( buy to sell opportunity)
Hull is a leading area for property growth 5.2% increase from last year and expected for further incline due to new infrastructure and regeneration of the city centre .
(freehold property type).
The financials:
▪ Purchase price: £45,870
▪ GDV: £175,000
▪ Refurb costs: £30,000
▪ Annual profit: £4,264
▪ ROCE: 19%
▪ Yield: 6%
▪ Annual rent ( projected): £10,200
▪ Monthly profit : £375
Key highlights :
Perfect low-maintenance and promising capital growth opportunity to expand your portfolio, ideal for entry-level investors seeking strong cash flow and long-term growth. A great entry point for anyone ready to start building their property success.
Sourced reference: 987851327981434
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£4,264
ROCE19%
Yield6%
Purchase £ £45,870
Sales Agent
Kamran Habib
SE 100-114 LIMITED
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