Studio Flat - Yorkshire

Cash Purchase Studio flat Lancashire 26% yield.

£15,000 what a price, Small studio flat in Yorkshire Currently rented out at £325pcm. Leasehold on long lease. The figures have been done assuming the rent stays the same, new tenant new rent returns increase.

FINANCIALS
 Purchase Price: £15,000
 Income: £325.pcm / £3,900p/a
 Ground Rent & Service Charge: £200.pcm
 Profit: £125.pcm / £1,500p/a
 Investment Required : £18,320 Cash
 ROCE: 8%
 Gross Yield: 26%
 Net Yield: 10%

Sourced offer a comprehensive property wealth building package in one place;
 Sourced Investment Agents - Sourcing investment opportunities for you,
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 Sourced Finance - Access specialist property lending and mortgages, created for investors.
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