BTL Opp in Burnley

Strategy: BTL

This two-bedroom terraced property, located in Burnley, Lancashire, offers strong capital appreciation and excellent cash flow. The deal is ready to go, allowing you to start generating a comfortable return immediately. Due to its prime location, this property is highly desirable.

Key property details:
- 2bed mid terraced
- 70 sqm
- Freehold
- No chain
- Burnley

Key financial
- Purchase price: £60,000
- Purchase cost: £9,100
- Refurb cost: £0
- GDV: £67,000
- Rental income: £600
- Annual rent: £7,200
- Profit per month: £411
- Annual profit: £4,938
- Gross Yield: 11%
- ROCE: 26%
- Money left in after refinance: £18,850
- Sourcing fee: £3,000

For further information get in touch.