- Reduced by £40k
- Turnkey investment
- Fully tenanted
- Close to amenities
- Good transport links
- Direct to vendor
Sourced are excited to present this excellent turnkey portfolio of 11 lease-hold apartments, with a huge ROCE of 20.7%.
Reduced by £40,000.
This is the portfolio opportunity of lockdown.
Offering between 1 and 2 bed apartments and 1 x 2 bed terraced house.
All the properties in this portfolio have been refurbished to a high standard, and as such are fully tenanted offering a completely hands-free investment opportunity.
With great transport links and local amenities within walking distance, it's easy to see why this portfolio is fully tenanted.
6 of the 11 apartments are in three blocks, making them freehold, a simple title split will add value.
Figures assuming a 25% mortgage.
Total cash investment - £166,500
Gross annual rental income - £52,536
Net annual cash flow - £26,661
ROCE (post refinance) - 20.7%