Location

North East Yorkshire

Purchase Price

£420,000

Location

North East Yorkshire

Purchase Price

£420,000

Location

North East Yorkshire

Purchase Price

£420,000

Capital Required

£150,000

Beds

8

Flats

6

Tennanted

6/6

Configuration

4 x 1 bed, 2 x 2 bed

Type

Block of Apartmnets

Summary

Price

GDV

Income

R.O.I

£420,000

£625,000

£36,000

19%

On Entry

  • Configuration: 4 x 1 bed, 2 x 2 bed

  • Tenure: Freehold

  • Occupancy: Tenanted

  • Beds: 8

  • Flats: 6

  • Rent on Entry: £3,000 PCM

  • Works Budget: Included in £70k

  • SDLT & Fees: £70,000

  • Capital Needed on Entry: £150,000

  • All-In Total Costs: £490,000

On Exit

  • GDV Post Works: £625,000

  • Refinance LTV: 75%

  • Refinance Out: £470,000

  • Capital Left In: £20,000

  • Capital Recycled: £450,000

  • Capital Recycled: 96%

Investment Returns

  • Target Rent: £3,600 PCM

  • Interest Only Mortgage: £1,950 PCM

  • Net Cashflow: £1,450 PCM

  • Return on Capital: 90%

  • GDV: £625,000

Gallery

Location map

Property Details

Capital Required

£150,000

Beds

8

Flats

6

Tennanted

6/6

Configuration

4 x 1 bed, 2 x 2 bed

Type

Block of Apartmnets

Summary

Price

GDV

Income

R.O.I

£420,000

£625,000

£36,000

19%

On Entry

  • Configuration: 4 x 1 bed, 2 x 2 bed

  • Tenure: Freehold

  • Occupancy: Tenanted

  • Beds: 8

  • Flats: 6

  • Rent on Entry: £3,000 PCM

  • Works Budget: Included in £70k

  • SDLT & Fees: £70,000

  • Capital Needed on Entry: £150,000

  • All-In Total Costs: £490,000

On Exit

  • GDV Post Works: £625,000

  • Refinance LTV: 75%

  • Refinance Out: £470,000

  • Capital Left In: £20,000

  • Capital Recycled: £450,000

  • Capital Recycled: 96%

Investment Returns

  • Target Rent: £3,600 PCM

  • Interest Only Mortgage: £1,950 PCM

  • Net Cashflow: £1,450 PCM

  • Return on Capital: 90%

  • GDV: £625,000

Gallery

Location map

Property Details

Capital Required

£150,000

Beds

8

Flats

6

Tennanted

6/6

Configuration

4 x 1 bed, 2 x 2 bed

Type

Block of Apartmnets

Summary

Price

GDV

Income

R.O.I

£420,000

£625,000

£36,000

19%

On Entry

  • Configuration: 4 x 1 bed, 2 x 2 bed

  • Tenure: Freehold

  • Occupancy: Tenanted

  • Beds: 8

  • Flats: 6

  • Rent on Entry: £3,000 PCM

  • Works Budget: Included in £70k

  • SDLT & Fees: £70,000

  • Capital Needed on Entry: £150,000

  • All-In Total Costs: £490,000

On Exit

  • GDV Post Works: £625,000

  • Refinance LTV: 75%

  • Refinance Out: £470,000

  • Capital Left In: £20,000

  • Capital Recycled: £450,000

  • Capital Recycled: 96%

Investment Returns

  • Target Rent: £3,600 PCM

  • Interest Only Mortgage: £1,950 PCM

  • Net Cashflow: £1,450 PCM

  • Return on Capital: 90%

  • GDV: £625,000

Gallery

Location map

Property Details