Turnkey BTL - Lincoln

Guaranteed Rent - BTL - Turnkey

*A guaranteed rental income paid to you on time, every month
*up to 3-year contract guaranteed rent
*Purchase price £160,000 BMV
*Total investment required: £54,200
*EPC C
*Total profit projection over 10 years = £188,863.08

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 centers, 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 neighborhood.

​Key property details:
- 3 bedroom house
- Large garden
- Garage
- Conservatory
- Downstairs W/C
- EPC C
- 118 sqm
- Council tax band A
- Vacant possession
- No chain

No stress hands free investment!
1. A guaranteed rental income paid to you on time, every month.
2. You still get paid even if the sub-tenant pays us late or doesn’t pay us at all.
3. You get paid on time even if the rent is not paid on time or even at all.
4. No set up fees, monthly commissions, or hidden extras.
5. No direct contact with the sub-tenant, everything is dealt with. No queries, questions, or complaints for you to deal with.
6. A guaranteed contract start date – no void periods to worry about.
7. If ever needed, we will cover the court costs and the eviction process whilst still paying you.
8. We will carry out property inspections and maintenance management.
9. Internal condition guaranteed, subject to fair wear and tear, up to one and half months’ rent.

Key Financials example -
Recent Accord Mortgages BTL mortgage - 2yr fixed, LTV 75%, interest 5.23%, No fee:
▪ Monthly mortgage payment: £523
▪ Total investment needed: £54,200
▪ Purchase price: £160,000 BMV
▪ Market value £190,000
▪ Gross monthly rent: £900 (guaranteed)
▪ Net monthly rental profit: £377 (guaranteed)
▪ Net annual rental profit: £4,524 (guaranteed)

▪ Profit projection in 10 years capital growth 5.5% PCA = £134,547.45
▪ Profit projection in 10 years net rental growth 4% PCA = £54,315.63
▪ Total profit projection over 10 years = £188,863.08

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.

Here is a link to more of my property deals https://sourced.co/partner/michaelparry/properties/?page=1

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