ANOTHER CLIENT OFFER ACCEPTED - 824 Sourcing
This property consists of:
1 bedroom apartment
2 bedroom apartment
They are currently tenanted achieving £750PCM. The last rent review was in 2019 so there is the opportunity to increase the current rental return.
Apartments rented in this area average around £450PCM for a 1 bed apartment and £525PCM for a 2 bed apartment.
Properties had an overall average price of £130,683 over the last year.
The majority of sales during the last year were terraced properties, selling for an average price of £93,965. Overall, sold prices are 14% up on the 2020 peak of £114,614.
888 Sourcing - 8 x Apartments
A rare opportunity to purchase a newly renovated block of 8 Apartments.
7 x 2 Bed Apartments
1 x 1 Bed Apartment
We have estimated that the 2 bedroom units will return between £650-£700PCM and that the smaller 1 bedroom unit will return £550PCM. As these are newly renovated there may be potential to achieve a higher rent.
924 Sourcing - 4 Bed HMO
REDUCED BY £30K
This large 3 bedroom, 2 reception property with kitchen extension has the perfect floor layout for a 4 bedroom HMO with minimum internal re-structuring. Using the existing floor plan we are able to convert to 2 x double bedrooms and 2 x single bedrooms with a shared bathroom. In addition, there is also then a separate kitchen and additional communal living space.
960 Sourcing - 2 x Turn-Key Apartments
Two Apartments - 1 x 1Bed apartment and 1 x 2Bed apartment with a combined rental income of £1145PCM, 9.82% Yield.
The property has been renovated throughout with brand new carpets laid throughout. The ground floor flat is newly tenant and generating a rental income of £550 PCM. The upper flat is marketed at £595 PCM with referencing in progress.
The ground floor flat is comprised of entrance hallway, which gives access to the bedroom, living room, fitted kitchen, bathroom and enclosed rear garden.
The first-floor flat is comprised of entrance hallway, which gives access to the living room, two spacious bedrooms, the fitted kitchen and bathroom.
964 Sourcing - 2 x Turn-Key Apartments
End Terrace converted into two apartments.
Apartment 1: 2 Bedrooms, Tenanted at £495PCM, tenant is in employment on a rolling AST from month to month
Apartment 1: 1 Bedrooms, Tenanted at £475PCM, tenant is in employment on a rolling AST from month to month
The average rent for a 1 bed apartment in this area is £525PCM so there is potential for a rent increase on both apartments.