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BMV BTL in Boston
About this property
Low cost BMV BTL in Boston, Lincolnshire
ROCE 43% / Yield 12% / 20% BMV
This exceptional two-bedroom, first-floor flat in Haven Village, Boston, offers a high-performing "buy-to-let" asset with significant immediate equity. Available at a 20% discount to market value, this property is professionally positioned for investors seeking both strong cash flow and robust long-term security. It represents an unmissable addition to any residential investment portfolio.
Key Investment Highlights
• Purchased at £56,000, reflecting a 20% discount on the £70,000 market value.
• Delivering a 12% gross rental yield with a rental income of £8,700 per annum.
• High efficiency with a Return on Cash Employed (ROCE) of 43 %.
• Peace of mind for long-term planning with 106 years remaining on the lease.
• Located in the popular PE21 postcode, providing excellent access to local shops, bars, restaurants, and public transport links (bus and train).
Property & Operational Details
• Spacious two-bedroom layout featuring a first-floor bathroom and a bright, open-plan kitchen-living area.
• Standard construction, first-floor flat.
• Leasehold, with a manageable ground rent of £200 per annum.
• Excellent proximity to amenities and transport ensures high demand and consistent occupancy potential.
Financial Snapshot
• Market Value: £70,000
• Purchase Price: £56,000
• Gross Rental Income: £725 PCM
• Cash Required to Complete: £22,800 (including SDLT, legal and sourcing fees, etc.)
• Refinance Potential: Estimated cash-out of £52,500, resulting in only £12,300 "money left in" the deal
Full Support Package
This opportunity includes access to a comprehensive sourced support package, including:
• SPV company formation and accounting services.
• Specialist commercial finance solutions.
• Fully compliant HMO management via our local lettings network.
Next Steps
This asset is competitively priced and positioned for quick acquisition. To request full compliance documentation or to reserve this opportunity, please contact us today.
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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