- 2 Bed Terrace
- Buy-To-Let Potential
- A fantastic BRR opportunity which will leave very little of your money behind upon refinance
- In an excellent location close to good schools, local ammenities and the local hospital
- On-street parking
- Rear garden
Sourced are proud to present this 2 bedroom, end of terraced property located in the popular area of Keighley.
This property has been secured and is in need of modernisation. The builder is in place for the refurbishment and details can be passed on when needed.
The whole Buy, Reburish, Refinance cycle would complete in approximately 4-6 months.
This property is ideal for a cash purchase and after you refinance, you would look to pull most of the investment back out to then recycle onto your next purchase.
Project management of the refurb can be done at an extra cost of £1,000 as a builder is in place ready to do the refurbishment.
• Purchase price: £45,000
• Refurb costs: £7,000
• GDV: £70,000
• Rental income: £5,400 pa
• Sourcing Fee: £4,000
• Yield: 12%
• Tenanted: No
• Title Info: One Title
• Tenure: Freehold