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£3,180
ROCE96%
Yield9%
Purchase £ £4,800
Property description
Strategy: Buy to Let
31% BMV Tenanted BTL Property in Hartlepool
Rent currently set at £450pcm but can be raised to £550 pcm. Strong 9% yield based on a 4% interest BTL mortgage. Comprises of 2 bedrooms, bathroom, kitchen, living room and yard area, with porch area upon entrance.
Good area for families to live in.
- 1.5 miles - Hartlepool City Centre
- 1.5 miles - Hartlepool 0.0 miles - B - West View Road - W
- 0.3 miles - Iceland Hartlepool Skerne Road 0.3 miles
- West View Millennium Surgery A
- 0.3 miles - University Hospital Of Hartlepool
- 0.1 miles - St John Vianney RC Primary School
Key financials:
▪ Purchase price: £50,000
▪ GDV: £72,000
▪ Annual profit: £3,180
▪ ROCE: 96%
▪ Yield: 9%
▪ Monthly rent: £450
▪ Monthly profit: £265
▪ Annual rent: £5,400
For more information, please get in touch.
Sourced reference: 717468376745428
Due diligence
Reported to need a repair to the roof at some point although not urgent. Documentation can be supplied with a quote for a local firm. Repair required for rent increase to be valid. Help with a mortgage can be offered if required. Please enquire directly with me
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£3,180
ROCE96%
Yield9%
Purchase £ £4,800
Sales Agent
Steve Moyse
Meadow View (Norwich) Ltd
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