3-Bed Semi - High Cashflow

High Cashflow and Capital Appreciation - Buy to let
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*Money in: £45,100
*Monthly profit £420.13
*ROCE 11%
*Gross yield: 9%
*Total profit projection over 10 years = £155,273.82

Property is a long-term investment, not a get rich quick scheme. Steady growth and strong cashflow is on offer with this deal with capital growth of 5% PCA. These are also below market value so the equity will be more than your costs to purchase the property (including sourcing, deposit, legals, survey, stamp, mortgage fee).

Properties in this postcode are experiencing a short-term surge in capital appreciation, with nominal house prices rising by 6.7% to 7.2% over the last 12 months. This outpaces the wider UK average property growth of 1.2%. However, long-term trends reflect a much more conservative, steady growth model typical of Northern manufacturing towns.

Key property details:
- 3 bed semi - North Lincolnshire
- Large garden
- 91.6 sqm
- EPC tbc
- Council tax band A
- Vacant possession
- No chain

Key Financials example -
Recent Leeds BTL mortgage 2yr fixed, LTV 75%, interest 5.26%, No fee:
▪ Total investment needed: £45,100
▪ Purchase price: £130,000
▪ Deposit: £32,500
▪ Legals: £2,000
▪ Stamp duty: £6,600
▪ Sourcing fee: £4,000+vat
▪ Refurb costs: £0
▪ Market value: £155,000
▪ Gross monthly rent: £975
▪ Gross annual rent: £11,700

▪ Deductions: Mortgage £427.38, Letting agent £97.50, Insurance £30
▪ Monthly profit after deductions: £427.38
▪ Annual profit: £5,041.50
▪ Gross yield: 9%
▪ ROCE: 11%
▪ Net rent mortgage coverage: 198%

▪ Profit projection in 10 years capital growth 5% PCA = £97,478.67
▪ Profit projection in 10 years net rental growth 3% PCA = £57,795.15
▪ Total profit projection over 10 years = £155,273.82

With Sourced you get the full property wealth building package in one place;
Sourced Enterprise - Full limited company SPV and accounting solution
Sourced Finance - Specialist lending not available on the high street
Sourced Living - Fully compliant lettings management service
Legal Conveyancing team available if required.
Professional and compliant renovation team ready to go!

Let me know if you are interested in this as soon as you can.