2-Bed BTL in Lancashire

Mid-Terrace 2-Bed Turnkey BTL in Lancashire - £15k Discount

Key property details:
- Freehold
- 73 sqm
- EPC D
- Council tax band A
- Vacant possession
- No chain

This traditional mid-terraced House has been recently refurbished to a very high standard and is in a ready to let state awaiting new tenants.

Please remember, we will view the property and start the negotiation on your behalf if you wish to purchase, subject to our contract, proof of funds and an AML check being in place.

▪ Purchase price: £85,000
▪ GDV: £100,000
▪ Annual profit: £6,225
▪ ROCE: 25%
▪ Yield: 10%

Non Borrowable costs:
▪ Deposit: £21,250
▪ Purchase costs: £11,650
▪ Total: £36,343

Figures Analysis,
▪ Gross rent: £9,600
▪ Mortgage interest: (£3,750)

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If you are interested in this or similar opportunities that you would like us to find for you please contact.