Turnkey BTL in Lincoln

Turnkey - Guaranteed rent - Buy to let - High Cashflow - High Appreciation

*Guaranteed rent option
*Turnkey
*Total investment required: £40,900
*Monthly profit £529.29
*Gross Yield: 11%
*ROCE 16%
*Total profit projection over 10 years = £159,817.24

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 5.5% 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).

Why now is the time to buy in Lincoln?
Rental demand in this area of Lincoln is exceptionally high, heavily driven by an ongoing structural supply shortage. The private rented sector in Lincoln is experiencing significant pressure, resulting in an aggressive 6.9% annual private rent increase, outperforming the broader East Midlands average.
For a tenant, almost all daily necessities, retail centres, and major transport links are within a 5- to 15-minute walk, which heavily underpins the sustained tenant demand and low void rates in this specific neighbourhood.

Key property details:
- 3 Bed Terrace house
- City centre location
- 66 sqm
- EPC D
- Council tax band A
- City centre location
- Vacant possession
- No chain

Key Financials example -
Recent Leeds BTL mortgage 2yr fixed, LTV 75%, interest 5.23%, No fee:
▪ Mortgage payment: £385.71
▪ Total investment required: £40,900
▪ Fixed price: £118,000
▪ Deposit: £29,500
▪ Legals: £1,500
▪ Stamp duty: £5,900
▪ Market value: £145,000
▪ Gross monthly rent: £1,050
▪ Monthly rental profit: £529.29
▪ Annual rental profit: £6,351.45

▪ Profit projection in 10 years capital growth 5.5% PCA = £83,561.05
▪ Profit projection in 10 years net rental growth 4% PCA = £76,256.19
▪ Total profit projection over 10 years = £159,817.24

Why Invest with Sourced?
Sourced offers a comprehensive property wealth-building package in one place:
• Sourced Investment Agents: Sourcing investment opportunities tailored to your criteria.
• Sourced Enterprise: Limited company and SPV formations with tax-efficient portfolio structuring and accounting solutions.
• Sourced Finance: Access specialist property lending and mortgages, created specifically for investors.
• Sourced Lettings: Seamlessly integrate property management using our nationwide lettings management service.

Do you provide any additional services?
Yes, I can personally provide the following additional services for peace of mind
• A top-tier legal conveyancing team
• A professional and compliant renovation contractor
• Guaranteed rent options
• Hands off - We handle everything for you. Sourcing the property, doing the refurbishment, placing tenants, and collecting rent. You simply purchase the asset and receive the net income.

So what are you waiting for? If you are interested in this or similar opportunities, please get in touch.