BMV in Grimsby
About this property
BMV Buy-to-Sell in Grimsby - High Cashflow
Stanley Street, Grimsby DN32 7LQ
▪ Purchase price: £50,000
▪ Market valuation: £71,000
▪ Rightmove valuation: £80,000
▪ Zoopla valuation: £71,000
▪ Hometrack valuation: £71,500
▪ Approx. 36% Below Rightmove Valuation
▪ Approx. 29.5% Below Market Value
3 Bed Terrace | Freehold
- 117 sqm
- Tenant in Situ
- No Refurb Required
▪ Rental Income: £550 PCM
▪ Gross Yield: 9.3%
▪ Total Investment Required: Approx. £57,500
(Including stamp duty, sourcing fee, legal fees & survey)
- 28 Day Completion
- Cash or Bridging Only
- Strong cashflowing BTL opportunity with tenant already in place and very little capital left in after refinance.
DM me if interested.
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.
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