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2/3-Bed BTL in Grimsby
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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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.
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