Turnkey BTL Flat N. East

Turnkey BTL Flat North East

Leasehold with 113 years remaining, Potential rent £550pcm strong demand good central location, walking distance to Metro, River Tyne, also close to fast food outlets and coffee shops.

FINANCIALS
 Purchase Price: £35,000
 Income: £550.pcm / £6600p/a
 Profit: £327.pcm / £3,924p/a
 Investment Required : £14,000 with 75% LTV
 ROCE: 24%
 Gross Yield: 10%

Sourced offer a comprehensive property wealth building package in one place;
 Sourced Investment Agents - Sourcing investment opportunities for you,
 Sourced Enterprise - Limited company and SPV formations with tax efficient portfolio structuring and accounting solution.
 Sourced Finance - Access specialist property lending and mortgages, created for investors.
 Sourced Lettings - Seamlessly integrate property management using our nationwide lettings management service.

For further information, get in touch.