Back to properties
On Market Buy-To-Sell

London BMV Pick

NW4 1PQ, Barnet
£186,000
48 sqm
Purchase price £186,000
Monthly income
ROCE 28%
Gross yield

About this property

London BMV Pick – 28.5% BMV!

Great North Way, London, NW4 1PQ

- 1 Bed Ground Floor Flat | Leasehold
- Approx. 48sqm / 517 sq ft
- Currently Tenanted at £1,500pcm
- 128 Years Remaining on Lease

- Purchase Price: £186,000
- Estimated Market Value: £260,000
- Approx. 28.5% Below Market Value
- Ground Rent: Escalating
- Service Charge: £3,950 per annum

- Rental Income: £1,500pcm
- Gross Yield: 6.92%
- ROI / ROCE: 38%

Refinance Example:
- Estimated Value: £260,000
- 75% LTV Refinance: £195,000
- Estimated Money Left In Deal: Approx. £8,120

Key Selling Points:
* Tenant in situ producing £1,500pcm
* 128-year lease remaining
* Ground floor flat
* Excellent London commuter location
* Bus & train links nearby
* Huge range of local amenities
* Strong turnkey investment

Investment calculators

£
%
Deposit required £0
Loan amount £0

Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.

Speak to a broker