Turnkey BTL in Shildon

Turn Key BTL in North East 13% yield.

This well presented traditional mid row cottage is calling out for new tenants, Sensible pricing is allowing a good return as the expected rental for this property is £500pcm.

FINANCIALS
 Purchase Price: £45,000
 Income: £500.pcm / £6000p/a
 Profit: £359.pcm / £4,308p/a
 Investment Required : £18,700 with 75% LTV
 ROCE: 23%
 Gross Yield: 13%

 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.