Latest Valuation
£
ROCE
%
Location
Coventry

21% ROI – 18 Fully Tenanted Studio Flats

This property is part of a portfolio where the other properties are also available to purchase.
Guide Price
£1,500,000

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Key Features

  • 21% ROI
  • Cashflow from day 1
  • Guaranteed monthly rent of £13,500
  • Direct to vendor and off market
  • Hands-off investment

The Property

Sourced are proud to present this 18 fully tenanted studio flats located in Coventry, with a 21% ROI.

The property is located close to the city centre and university. We have a management company in place that charges 8% and offers a complete hands-off investment. This property is part of a portfolio where the other properties are also available to purchase.

Planning Information

N/A

The Plan

Sourced are proud to present these 18 studio flats in Coventry. The property is fully located an in a prime location which guarantees cashflow from day 1.

Direct to vendor and off market.

Buying on a mortgage for each property, keeping to rent.

The Financials:

Purchase price: £1,500,000
Rental income: £162,000 pa
Sourcing fee: £30,000
ROI: 21%

The Location

Walking distance to the train station, university and city centre.

Average estimated value for a house in

£

https://www.zoopla.co.uk/house-prices/browse/cv1/?q=CV1

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