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2-Bed BTL in Lincolnshire
About this property
Low Entry Price, 12% Yield BTL Lincolnshire
£50,000 — this is well priced for a 2‑bed terrace in the area, with comparable properties listed between £60,000 and £80,000.
Rented out at £575pcm this turnkey property offers solid returns!
FINANCIALS
Purchase Price: £50,000
Rental Income: £575 / £6900 pa
Profit: £418 / £5,016pa with 75%LTV
Investment Required £20,200
ROCE: 25%
Gross Yield: 12%
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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.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
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