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£3,806
ROCE16%
Yield9%
Purchase £ £24,250
Property description
Strategy: Buy to Let
A great opportunity to purchase a high yielding freehold property with an existing tenant in place.
Trimdon Grange is a village in County Durham, in England. It is situated ten miles to the west of Hartlepool, and a short distance to the north of Trimdon. It provides an easy commute to various industrial and commercial areas.
Key Financials:
▪ Purchase price: £60,000
▪ GDV: £65,000
▪ Annual profit: £3,806
▪ ROCE: 16%
▪ Yield: 9%
▪ Rent: £500 pm; £6,000 pa
▪ Profit: £317 pm; £3,806 pa
Location:
- 4.3 miles - Peterlee City Centre
- 0.1 miles - S-bound - B1278 Salters Lane - S
- 0.8 miles - Co-op Trimdon - Church Street
- 0.5 miles - Skerne Medical Group - Trimdon Colliery
- 3.1 miles - Sedgefield Community Hospital
- 6.0 miles - University of Durham
For more information, please get in touch.
Sourced reference: 199846271656921
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£3,806
ROCE16%
Yield9%
Purchase £ £24,250
Sales Agent
Ben Fuller
Oakwood Property Partners 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