FMP Sourcing

Taking the hassle away from finding your next BTL property

Not everyone has the free time to look for their next BTL project.  When you are time poor the prospect of spending hours online looking for a property can seem like a daunting task.  What happens when you have found the property that you think may have potential?  If you are not local to the area in question then this may mean travelling for a few hours only to find that the estate agent has been creative with their pictures and the property does not turn out to be as good as it looked on the portals.


When your time is precious we have the solution for you.  We are able to offer you a viewing and sourcing service that will remove the challenge of finding a property that meets your requirements.  We source direct to vendor as well as through traditional estate agents, with the benefit of being able to negotiate on your behalf to reduce the asking price, saving you money from the very start.

How Does Our Sourcing Service Work?

Join our mailing list and we will send out details of property deals that are available.  If you are interested then you simply get back in touch with us.


What we offer as part of our fully hands off package:


  • Negotiations with the owner or estate agent are completed by ourselves
  • Potential renovation planned with cost breakdown
  • Renovation organised and completed
  • Property advertised for rental
  • Tenants found, referenced and managed



Ref: 0014

 

2 Bedroom Mid Terrace Property with additional attic bedroom
£47,000 Asking Price (Direct to vendor)
£55,000+ Potential Revaluation
Initial 15% ROI.  Maximum ROI available 18-20% (As a cash then refinancing route).
£995 Sourcing Fee

Current sitting tenant paying £360PCM.  Could be higher up to £450PCM

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Ref: 0012

 

2 Bedroom Mid Terrace Property with rear yard
£45,000 Asking Price (Listed since 26 Feb 2019)
£59,950 property for sale on the same street (Listed since 8th March 2019)
Initial 18% ROI.  Maximum ROI available 26-33% (As a cash then refinancing route). ROI could be bigger if revalued above £58k
£995 Sourcing Fee

LOW Monthly rent target of just £400 - Could be higher increasing ROI further



Two Bedrooms
Gas Central Heating UPVC Double Glazing
Rear yard
4 "Good" schools within 0.5 miles

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Ref: 0010

 

2 Bedroom Mid Terrace Property with rear yard

£60,000 Asking Price (Listed since 14 Feb 2019)

£75,000 existing example of sold property on the same street - Revalue could be much higher

Initial 15% ROI.  Maximum ROI available 23% (As a cash then refinancing route).

£995 Sourcing Fee


  • Two Bedrooms
  • Gas Central Heating Double Glazing
  • Rear yard
  • Modernised Throughout


Potential property for capital growth to improve the ROI figures with a very strong high rental demand.  This property is located in a good area with excellent commuter links.


1/4 current property asking prices are:

  • £79,950 - 2 bed terrace
  • £95,000 - 3 bed terrace


1/4 mile rental asking prices are:

  • 0.05 miles - £425 - listed 27th March
  • 0.00 miles - £450 - listed 23rd March
  • 0.06 miles - £495 - listed 27th March

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