BTL in Nottingham

BTL - NOTTINGHAM

** New kitchen
** New main bathroom and TWO ADDITIONAL BATHROOMS
** New windows
** Large garden for a terraced property
** No chain
** Vacant possession
** Expected net monthly rental profit = £449.09
** Total profit projection over 10 years = £163,842.63

Key property details:-

- 3 bed end terrace
- 3 bathrooms
- 81 sq m
- EPC D
- Council Tax band A
- Has been newly renovated but some finishing touches to be made

Why invest in Kirkby-in-Ashfield?

- Good commuter links: close to junctions 27 and 28 of the M1
- Direct trains to Nottingham and Mansfield
- Close proximity to countryside and award-winning parks
- The town is also a short drive from the East Midlands Designer Outlet
- Home to several well-rated schools
- King's Mill Hospital, located just minutes away
- Robust employment opportunities heavily focused on manufacturing, logistics, healthcare, and retail

Key Financials example: -
BASED ON RECOMMENDED PURCHASE PRICE OF £115,000 :-
Suggested price is £25,000 below potential GDV and therefore the equity will be more than your costs to purchase the property.

Recent Accord Mortgages BTL mortgage (2yr fixed, LTV 75%, interest 5.23%, No fee)
* Monthly mortgage payment: £375.91
* Market rent = £950 per month
* Net monthly rental profit = £449.09
* Net annual rental profit = £5,389.13
* Profit projection in 10 years capital growth 5.5% PCA = £99,140.22
* Profit projection in 10 years net rental growth 4% PCA = £64,702.41
* Total profit projection over 10 years = £163,842.63

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.