Location
The Grosvenor Project
North West, England
Purchase Price
£210,000
Capital Required
£55,000
Location
The Grosvenor Project
North West, England
Purchase Price
£210,000
Capital Required
£55,000
Location
The Grosvenor Project
North West, England
Purchase Price
£210,000
Capital Required
£55,000
Beds
5
Flats
3
Tennanted
3/3
Configuration
1 x 1 bed, 2 x 2 bed
Type
Block of Apartmnets
Summary
Price
GDV
Income
R.O.I
£210,000
£350,000
£18,000
18%
On Entry
Configuration: 1 x 1 bed, 2 x 2 bed
Tenure: Freehold
Occupancy: Tenanted
Beds: 5
Flats: 3
Rent on Entry: £1,500 PCM
Works Budget: Included in £65k
SDLT & Fees: £65,000
Capital Needed on Entry: £120,000
All-In Total Costs: £275,000
On Exit
GDV Post Works: £300,000 – £320,000
Refinance LTV: 75%
Refinance Out: £225,000
Capital Left In: £50,000
Capital Recycled: £175,000
Capital Recycled: 82%
Investment Returns
Target Rent: £2,000 PCM
Interest Only Mortgage: £940 PCM
Net Cashflow: £1,060 PCM
Return on Capital: 18%
Gallery
Location map
Beds
5
Flats
3
Tennanted
3/3
Configuration
1 x 1 bed, 2 x 2 bed
Type
Block of Apartmnets
Summary
Price
GDV
Income
R.O.I
£210,000
£350,000
£18,000
18%
On Entry
Configuration: 1 x 1 bed, 2 x 2 bed
Tenure: Freehold
Occupancy: Tenanted
Beds: 5
Flats: 3
Rent on Entry: £1,500 PCM
Works Budget: Included in £65k
SDLT & Fees: £65,000
Capital Needed on Entry: £120,000
All-In Total Costs: £275,000
On Exit
GDV Post Works: £300,000 – £320,000
Refinance LTV: 75%
Refinance Out: £225,000
Capital Left In: £50,000
Capital Recycled: £175,000
Capital Recycled: 82%
Investment Returns
Target Rent: £2,000 PCM
Interest Only Mortgage: £940 PCM
Net Cashflow: £1,060 PCM
Return on Capital: 18%
Gallery
Location map
Beds
5
Flats
3
Tennanted
3/3
Configuration
1 x 1 bed, 2 x 2 bed
Type
Block of Apartmnets
Summary
Price
GDV
Income
R.O.I
£210,000
£350,000
£18,000
18%
On Entry
Configuration: 1 x 1 bed, 2 x 2 bed
Tenure: Freehold
Occupancy: Tenanted
Beds: 5
Flats: 3
Rent on Entry: £1,500 PCM
Works Budget: Included in £65k
SDLT & Fees: £65,000
Capital Needed on Entry: £120,000
All-In Total Costs: £275,000
On Exit
GDV Post Works: £300,000 – £320,000
Refinance LTV: 75%
Refinance Out: £225,000
Capital Left In: £50,000
Capital Recycled: £175,000
Capital Recycled: 82%
Investment Returns
Target Rent: £2,000 PCM
Interest Only Mortgage: £940 PCM
Net Cashflow: £1,060 PCM
Return on Capital: 18%
Gallery
Location map