Dual Exit BTL

Looking for an investment that provides income from day one with the flexibility to maximise your returns? This tenement house in Sutton-in-Ashfield offers exactly that.

The property is ready let with no refurbishment required, allowing you to generate an annual profit of £2,580 straight away. Alternatively, invest approximately £20,000 in a modernisation programme, including a new kitchen and bathroom, to unlock a significantly higher return.

Following refurbishment, the property is expected to achieve a GDV of £130,000, giving you two excellent exit strategies: sell for a projected profit of around £19,000, or refinance, leaving just £13,000 in the deal while generating a strong long-term rental income.

Key Figures
Purchase Price: £80,000
Current Value: £80,000
Investment Required: £30,500 (includes deposit, purchase costs, refurbishment and sourcing fee)
Optional Modernisation: £20,000 (new kitchen & bathroom)
GDV After Refurbishment: £130,000
Estimated Flip Profit: Approx. £19,000
Money Left in the Deal After Refinance: £13,000
ROCE: 36%
Gross Yield: 7%
Rental Income: £795 pcm (£9,540 per annum)
Net Annual Profit After Refinance: £4,665

Two Investment Strategies
Option 1 – Buy & Hold
No immediate works required.
Start generating income from day one.
Current annual profit: £2,580.

Option 2 – Refurbish & Maximise Returns
Invest £20,000 in a cosmetic refurbishment.
Increase the property's value to an estimated £130,000.
Sell for an estimated £19,000 profit, or
Refinance, leaving just £13,000 in the deal while achieving £4,665 net annual profit.