BTL in Middlesbrough
About this property
BTL - Student - Cash
A great opportunity to acquire a high yielding student unit in a popular location with high demand for accommodation.
This is a fully managed, hands off investment ideal for a first time investor or anyone seeking to deploy their funds into an asset that will ensure stable and reliable returns. At just £28,000 it also comes with the added benefit of zero stamp duty.
Financials:
Purchase price = £28,000
Gross yield = 30%
Net yield = 19%
ROCE = 17%
Stamp duty = £0
Profit Per Year = £5,328
Please contact for further information.
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.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
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