Location

The Tailor House Project

North West, England

Purchase Price

£600,000

Capital Required

£40,000

Location

The Tailor House Project

North West, England

Purchase Price

£600,000

Capital Required

£40,000

Location

The Tailor House Project

North West, England

Purchase Price

£600,000

Capital Required

£40,000

Beds

8

Flats

8

Tennanted

8/8

Configuration

8 x 1 bed

Type

Block of Apartments

Summary

Price

GDV

Income

R.O.I

£600,000

£800,000

£48,000

19%

On Entry

  • Configuration: 8 x 1 bedroom

  • Tenure: Freehold

  • Occupancy: Tenanted

  • Beds: 8

  • Flats: 8

  • Rent on Entry: £48,000 Annum

  • Works Budget: £5,000

  • SDLT & Fees: £N/A

  • Capital Needed on Entry: £40,000

  • All-In Total Costs: N/A

On Exit

  • GDV Post Works: £800,000

  • Refinance LTV: 75%

  • Refinance Out: £600,000

  • Capital Left In: £0

  • Capital Recycled: 100%

Investment Returns

  • Target Rent: £52,000

  • Interest Only Mortgage: £1,500 PCM

  • Net Cashflow: £1,200 PCM

  • Return on Capital: 24%

Gallery

Location map

Beds

8

Flats

8

Tennanted

8/8

Configuration

8 x 1 bed

Type

Block of Apartments

Summary

Price

GDV

Income

R.O.I

£600,000

£800,000

£48,000

19%

On Entry

  • Configuration: 8 x 1 bedroom

  • Tenure: Freehold

  • Occupancy: Tenanted

  • Beds: 8

  • Flats: 8

  • Rent on Entry: £48,000 Annum

  • Works Budget: £5,000

  • SDLT & Fees: £N/A

  • Capital Needed on Entry: £40,000

  • All-In Total Costs: N/A

On Exit

  • GDV Post Works: £800,000

  • Refinance LTV: 75%

  • Refinance Out: £600,000

  • Capital Left In: £0

  • Capital Recycled: 100%

Investment Returns

  • Target Rent: £52,000

  • Interest Only Mortgage: £1,500 PCM

  • Net Cashflow: £1,200 PCM

  • Return on Capital: 24%

Gallery

Location map

Beds

8

Flats

8

Tennanted

8/8

Configuration

8 x 1 bed

Type

Block of Apartments

Summary

Price

GDV

Income

R.O.I

£600,000

£800,000

£48,000

19%

On Entry

  • Configuration: 8 x 1 bedroom

  • Tenure: Freehold

  • Occupancy: Tenanted

  • Beds: 8

  • Flats: 8

  • Rent on Entry: £48,000 Annum

  • Works Budget: £5,000

  • SDLT & Fees: £N/A

  • Capital Needed on Entry: £40,000

  • All-In Total Costs: N/A

On Exit

  • GDV Post Works: £800,000

  • Refinance LTV: 75%

  • Refinance Out: £600,000

  • Capital Left In: £0

  • Capital Recycled: 100%

Investment Returns

  • Target Rent: £52,000

  • Interest Only Mortgage: £1,500 PCM

  • Net Cashflow: £1,200 PCM

  • Return on Capital: 24%

Gallery

Location map