3-Bed BTL in Newcastle

EPC C Buy-to-Let Opportunity | £950 PCM Expected Rent | No CAPEX | Excellent Investor Returns

Property details

• Turnkey BTL
• 3 bed terraced house
• 81 m2
• Standard construction
• 1 bathroom
• EPC C
• Excellent condition, no CAPEX

Financials

• Target purchase price £125, 000
• Purchase costs: £11,100, (includes £3,000 sourcing fee, legal £1,500, insurance £350 and SDLT of £6,250).
• Estimated GDV: £135,000
• Total investment required: £42,350
• 75% mortgage: £96,000
• 25% deposit: £32,000
• Interest-only mortgage at 5%: £421 PCM, £5,062 PA
• NET cash flow: £6,937 PA / £578 PCM
• Gross yield: 9%
• ROCE: 20%

For further details or to invest please contact.