BTL in Nelson

This 2-bedroom mid terraced property located in Lancashire offers strong capital appreciation and cash flow giving you security over your investment. This is an ideal investment for new investors or someone who’s looking to expand their portfolio. This deal is ready to generate cash flow.

Key property details:
- 2-bed mid terraced
- 64 sqm
- Freehold
- No chain

Key financial :
▪ Purchase price: £60,000
▪ GDV: £75,000
▪ Annual profit: £4,668
▪ Refurb costs: £5,000
▪ ROCE: 25%
▪ Yield: 10%

▪ Purchase cost: £9,100
▪ Rental income: £600
▪ Annual rent: £7,200
▪ Profit per month: £389
▪ Money left in after refinance: £18,350
▪ Investment required: £32,600
▪ Sourcing fee: £3,000