BTL in Northumberland

Turnkey BTL in Northumberland, Low Price & 10%+ yield from day one.

Asking price: £50,000 — this is the lowest priced 2‑bed terrace in the immediate area, with comparable properties listed between £60,000 and £80,000.
Comparable rents: £525–£600 pcm for similar 2‑bed terraces in the same area.
The property is sold with a tenant in situ under an AST paying £450pcm.
Turnkey property — It is in lettable condition and does not require refurbishment.
Strong Demand — 2‑bed terraces in the area consistently show active rental demand, reflected in current asking rents of £525–£600 pcm.

The financials:
▪ Purchase price: £50,000
▪ Annual profit: £3,516
▪ Yield: 11%
▪ ROCE: 18%

▪ Investment Required: £17,350
▪ Monthly Rent: £450
▪ Annual Rent: £5,400
▪ Monthly Profit: £293
▪ Net Yield: 7%

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For further information, get in touch.