BRRR in Northumberland
About this property
BMV BRRR BTL in Northumberland, 12% yield.
No Stamp Duty!
This property required cosmetic refurbishment we have allowed £15,000 in the figures to cover this.
Strong Demand — 2‑bed terraces in the area consistently show active rental demand from local working people.
The financials:
▪ Purchase price: £39,999
▪ Annual profit: £5,062
▪ Yield: 12%
▪ ROCE: 39%
▪ Investment Required: £31,699
▪ Monthly Rent: £625
▪ Annual Rent: £7,500
▪ Monthly Profit: £421
▪ Annual Profit:£5062
▪ Money left after refinance: £12,949
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