BMV BTL in Nelson
About this property
Are you looking to add a Buy-to-Let property to your portfolio that delivers both strong cash flow and long-term value? Here's why this could be your next investment.
Ready to perform from day one, this 3-bedroom mid-terraced house in Nelson, Lancashire, offers immediate rental income with excellent long-term capital growth potential. With strong tenant demand, a convenient location, and no chain, this is an opportunity not to be missed.
**Key Property Details**
* 3-bedroom mid-terraced house
* 64 sqm
* Freehold
* No chain
* Located in Nelson, Lancashire
**Key Financials**
* Purchase Price: £80,000
* Purchase Costs: £9,100
* Refurbishment Cost: TBC
* Estimated GDV: £90,000
* Monthly Rental Income: £650
* Annual Rental Income: £7,800
* Monthly Profit: £396
* Annual Profit: £4,762
* Gross Yield: 9%
* ROCE: 22%
* Estimated Funds Left In After Refinance: £21,600
* Total Investment Required: £33,100
* Sourcing Fee: £3,000
For further information or to arrange a viewing, please get in touch.
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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