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£3,731
ROCE13%
Yield8%
Purchase £ £27,250
Property description
Strategy: Buy to Let
2-Bed BTL in Durham - Value Increase Potential - Great Yield
A great opportunity to add a modern 2 bed terraced house to your portfolio. With some minor improvements this one will produce a yield of over 8%+ against the purchase price.
Situated in a popular residential street, this property will appeal to many small families and professional tenants.
Key financials:
▪ Purchase price: £70,000
▪ Refurb costs: £7,500
▪ GDV: £85,000 after minor refurb/improvements
▪ Annual profit: £3,731
▪ ROCE: 13%
▪ Yield: 8%
▪ Minimum rent: £6,600pa
Please get in touch for more info.
Sourced reference: 387523842461128
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£3,731
ROCE13%
Yield8%
Purchase £ £27,250
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