Location

The Warren Project

South West, England

Purchase Price

£210,000

Capital Required

£100,000

Location

The Warren Project

South West, England

Purchase Price

£210,000

Capital Required

£100,000

Location

The Warren Project

South West, England

Purchase Price

£210,000

Capital Required

£100,000

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

15%

On Entry

  • Configuration: 2 x 2 bed, 1 x 1 bed + parking

  • Tenure: Freehold

  • Occupancy: 1 of 3 tenanted

  • Beds: 5

  • Flats: 3

  • Rent on Entry: £550 PCM

  • Works Budget: £15,000 – £20,000

  • SDLT & Fees: £50,000

  • Capital Needed on Entry: £100,000

  • All-In Total Costs: £260,000

On Exit

  • GDV Post Works: £300,000 – £365,000

  • Refinance LTV: 75%

  • Refinance Out: £225,000 – £250,000

  • Capital Left In: £10,000 – £35,000

  • Capital Recycled: £190,000 – £240,000

  • Capital Recycled: 87% – 96%

Investment Returns

  • Target Rent: £2,000 PCM

  • Interest Only Mortgage: £950 – £1,050 PCM

  • Net Cashflow: £900 PCM

  • Return on Capital: 28% – 100%

  • GDV: £365,000

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

15%

On Entry

  • Configuration: 2 x 2 bed, 1 x 1 bed + parking

  • Tenure: Freehold

  • Occupancy: 1 of 3 tenanted

  • Beds: 5

  • Flats: 3

  • Rent on Entry: £550 PCM

  • Works Budget: £15,000 – £20,000

  • SDLT & Fees: £50,000

  • Capital Needed on Entry: £100,000

  • All-In Total Costs: £260,000

On Exit

  • GDV Post Works: £300,000 – £365,000

  • Refinance LTV: 75%

  • Refinance Out: £225,000 – £250,000

  • Capital Left In: £10,000 – £35,000

  • Capital Recycled: £190,000 – £240,000

  • Capital Recycled: 87% – 96%

Investment Returns

  • Target Rent: £2,000 PCM

  • Interest Only Mortgage: £950 – £1,050 PCM

  • Net Cashflow: £900 PCM

  • Return on Capital: 28% – 100%

  • GDV: £365,000

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

15%

On Entry

  • Configuration: 2 x 2 bed, 1 x 1 bed + parking

  • Tenure: Freehold

  • Occupancy: 1 of 3 tenanted

  • Beds: 5

  • Flats: 3

  • Rent on Entry: £550 PCM

  • Works Budget: £15,000 – £20,000

  • SDLT & Fees: £50,000

  • Capital Needed on Entry: £100,000

  • All-In Total Costs: £260,000

On Exit

  • GDV Post Works: £300,000 – £365,000

  • Refinance LTV: 75%

  • Refinance Out: £225,000 – £250,000

  • Capital Left In: £10,000 – £35,000

  • Capital Recycled: £190,000 – £240,000

  • Capital Recycled: 87% – 96%

Investment Returns

  • Target Rent: £2,000 PCM

  • Interest Only Mortgage: £950 – £1,050 PCM

  • Net Cashflow: £900 PCM

  • Return on Capital: 28% – 100%

  • GDV: £365,000

Gallery

Location map