Location

Moors Gateway

North West Yorkshire

Purchase Price

£297,000

Capital Required

£130,000

Location

Moors Gateway

North West Yorkshire

Purchase Price

£297,000

Capital Required

£130,000

Location

Moors Gateway

North West Yorkshire

Purchase Price

£297,000

Capital Required

£130,000

Beds

6

Flats

5

Tennanted

5/5

Configuration

4 x 1 bed, 1 x 2 bed

Type

Block of Apartmnets

Summary

Price

GDV

Income

R.O.I

£297,000

£510,000

£27,360

19%

On Entry

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

  • Tenure: Freehold

  • Occupancy: Tenanted

  • Beds: 6

  • Flats: 5

  • Rent on Entry: £2,280 PCM

  • Works Budget: £23,000

  • SDLT & Fees: £55,000

  • Capital Needed on Entry: £130,000

  • All-In Total Costs: £375,000

On Exit

  • GDV Post Works: £500,000

  • Refinance LTV: 75%

  • Refinance Out: £375,000

  • Capital Left In: £62,000

  • Capital Recycled: £313,000

  • Capital Recycled: 86%

Investment Returns

  • Target Rent: £3,000 PCM

  • Interest Only Mortgage: £1,500 PCM

  • Net Cashflow: £1,200 PCM

  • Return on Capital: 24%

  • RICS GDV post-refurb: £445,000

  • Quiddity Wealth GDV expects: £475,000 – £500,000

Gallery

Location map

Beds

6

Flats

5

Tennanted

5/5

Configuration

4 x 1 bed, 1 x 2 bed

Type

Block of Apartmnets

Summary

Price

GDV

Income

R.O.I

£297,000

£510,000

£27,360

19%

On Entry

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

  • Tenure: Freehold

  • Occupancy: Tenanted

  • Beds: 6

  • Flats: 5

  • Rent on Entry: £2,280 PCM

  • Works Budget: £23,000

  • SDLT & Fees: £55,000

  • Capital Needed on Entry: £130,000

  • All-In Total Costs: £375,000

On Exit

  • GDV Post Works: £500,000

  • Refinance LTV: 75%

  • Refinance Out: £375,000

  • Capital Left In: £62,000

  • Capital Recycled: £313,000

  • Capital Recycled: 86%

Investment Returns

  • Target Rent: £3,000 PCM

  • Interest Only Mortgage: £1,500 PCM

  • Net Cashflow: £1,200 PCM

  • Return on Capital: 24%

  • RICS GDV post-refurb: £445,000

  • Quiddity Wealth GDV expects: £475,000 – £500,000

Gallery

Location map

Beds

6

Flats

5

Tennanted

5/5

Configuration

4 x 1 bed, 1 x 2 bed

Type

Block of Apartmnets

Summary

Price

GDV

Income

R.O.I

£297,000

£510,000

£27,360

19%

On Entry

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

  • Tenure: Freehold

  • Occupancy: Tenanted

  • Beds: 6

  • Flats: 5

  • Rent on Entry: £2,280 PCM

  • Works Budget: £23,000

  • SDLT & Fees: £55,000

  • Capital Needed on Entry: £130,000

  • All-In Total Costs: £375,000

On Exit

  • GDV Post Works: £500,000

  • Refinance LTV: 75%

  • Refinance Out: £375,000

  • Capital Left In: £62,000

  • Capital Recycled: £313,000

  • Capital Recycled: 86%

Investment Returns

  • Target Rent: £3,000 PCM

  • Interest Only Mortgage: £1,500 PCM

  • Net Cashflow: £1,200 PCM

  • Return on Capital: 24%

  • RICS GDV post-refurb: £445,000

  • Quiddity Wealth GDV expects: £475,000 – £500,000

Gallery

Location map