+4 more
BTL in London
About this property
Tenanted BTL in London
A great opportunity to purchase a semi-detached 3 bed house with an existing tenant in situ.
The property is in an excellent location with easy access to central London and Croydon University Hospital and has averaged around 4% capital growth per annum in recent years.
Suitable investment opportunity for overseas or long term risk averse investors looking to park their cash long term and enjoy steady long term profits.
Financials:
▪ Purchase price: £485,000
▪ Annual profit: £14,831
▪ ROCE: 8%
▪ Yield: 6%
▪ Rental income pa: £31,200
Please contact for further info.
Investment calculators
Estimate only, using UK additional-property SDLT rates. Confirm the exact figure with a solicitor or accountant before exchanging.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
Speak to a broker