+2 more
County Durham BTL
About this property
Turnkey BTL in County Durham 14% yield.
Requiring no refurbishment to be rent ready, this property offers a fantastic 14% yield, low risk, ready to invest opportunity.
The layout of the property consists of a living room, kitchen and bathroom on the ground floor with two bedrooms and a toilet on the 1st floor, making it perfectly suitable for a small family.
FINANCIALS
Purchase Price: £39,999
Income: £425pcm - £5,400pa
Profit: £325pcm - £3,900pa
Investment Required: £15,200
ROCE: 26%
Gross Yield: 14%
Sourced offer a comprehensive property wealth building package in one place;
Sourced Investment Agents - Sourcing investment opportunities for you,
Sourced Enterprise - Limited company and SPV formations with tax efficient portfolio structuring and accounting solution.
Sourced Finance - Access specialist property lending and mortgages, created for investors.
Sourced Lettings - Seamlessly integrate property management using our nationwide lettings management service.
For further information, get in touch.
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.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
Speak to a broker