Hands-off BTL - Nottingham

Hands Off - BTL - Nottingham - EPC C

GUARANTEED RENT OPTION AVAILABLE FOR PEACE OF MIND AND 'HANDS OFF' INVESTMENT (See Below)

** 3-bed semi detached property
** EPC C
** Quiet and desirable residential area
** No chain
** Ready to let - only very minor cosmetic touch-ups required

BASED ON RECOMMENDED PURCHASE PRICE OF £150,000 :-
* Total investment required = £51,000
* Market rent = £1,100 per month with guaranteed rent option available (paid to you on time, tenanted or not) at approx £825
* Total profit projection over 10 years = £191,594.70

Key property details:-
- 3 bed semi-detached
- Driveway
- EPC C
- 63 sq m
- Council Tax band A
- Vacant possession
- No chain
- Located in a low-crime residential area with excellent direct transport links to city centre

Why buy in Nottingham?

- Major regeneration projects including the city's economic plan which targets high-value industries such as health and technology, aiming to create 12,000 new jobs by 2030
- Lower house prices than many of the major cities but prices are rising and there is strong rental demand
- Significant capital growth potential
- Two universities and two hospitals

GUARANTEED RENT: No stress hands free investment!

** A guaranteed rental income paid to you on time, every month.
** You still get paid even if the sub-tenant pays late or doesn’t pay at all.
** No set up fees, monthly commissions, or hidden extras.
** No direct contact with the sub-tenant. Everything is dealt with. No queries or complaints for you to deal with.
** A guaranteed contract start date – no void periods to worry about.
** If ever needed, court costs and the eviction process covered whilst still being paid.
** Property inspections and maintenance management taken care of.
** 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: £490.31
▪ Total investment needed: £51,000

▪ Purchase price: £150,000
▪ Market value: £175,000

▪ Gross monthly rent: £1,100
▪ Net monthly rental profit: £469.69
▪ Net annual rental profit: £5,636.25

▪ Profit projection in 10 years capital growth 5.5% PCA = £123,925.28
▪ Profit projection in 10 years net rental growth 4% PCA = £67,669.42
▪ Total profit projection over 10 years = £191,594.70

Why Invest with Sourced?

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.

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?

I can personally recommend the following additional services for peace of mind:-

• A top-tier legal conveyancing team
• A professional and compliant renovation team
• Guaranteed rent options

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.