Back to properties
On Market Buy-To-Let

5-Bed BTL in Grimsby

DN31 2PZ, North East Lincolnshire
£85,000
81.9 sqm
Purchase price £85,000
Monthly income £800
ROCE 20%
Gross yield 9%

About this property

Investment Opportunity:

Spacious 5 bed Buy-To-Let in North East Lincolnshire, secured at 22.7% Below Market Value.
This property presents a fantastic opportunity for investors to acquire a spacious home in a prime rental location, perfectly suited for a reliable, long-term buy-to-let strategy.

Financial Overview
• Purchase Price: £85,000 (22.7% BMV)
• Surveyor’s Valuation / GDV: £110,000
• Estimated Cash Contribution: £39,200
• Refurbishment Cost: £7,700 (Includes £700 contingency)
• Gross Rental Income: £800 PCM (£9,600 annually)
• Monthly NET Income: £342
• ROCE: 20%
• Gross Yield: 9%

For further information, please get in touch.

Investment calculators

£
%
Deposit required £0
Loan amount £0

Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.

Speak to a broker