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On Market Buy-To-Let

2/3-Bed BTL in Grimsby

DN32 7NQ, North East Lincolnshire
£60,000
Purchase price £60,000
Monthly income £600
ROCE 21%
Gross yield 12%

About this property

Hight Yielding 2/3 bed BTL /Tenants in Situ/ROCE 20.86% /Yield 12%

Generating 12% Gross Yield | Fully Tenanted Turnkey Asset

Investment Highlights & Key features
• 2/3 Bedroom House
• Tenant In Situ Paying £600 PCM
• 2 Separate Reception Rooms
• Large Rear Garden
• uPVC Double Glazing
• Gas Central Heating System

• Purchase Price: £58,000
• Total Initial Cash Investment: £23,500
• Gross Rental Income: £600 per month (£7,200 annually)
• Net Monthly Cashflow: £382.50
• Net Annual Cashflow: £4,590
• Gross Yield: 12%
• Net Yield: 7.65%
• Return on Capital Employed (ROCE): 20.86%

Next Steps
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