Latest Valuation
£550,000
ROCE
%
Selling Agent
Sourced West London

36.7% ROI – Property Portfolio in Cumbria

10 x 2 Bed Terraced Houses
Guide Price
£510,000

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Key Features

  • Ten Terrace Houses
  • Tenants in Place
  • In Good Repair
  • Managing Agents in Place
  • 36.7% Return on Capital Invested
  • 9.92% Return with Scope to Increase

The Property

Sourced present this exclusive BMV property portfolio as an excellent hands-off investment. With 36.7% return on capital invested and tenants in place, plus reliable managing agent. this portfolio generates a return of 9.92% with scope to increase.

Located in different towns in Cumbria, North West England with High employment including Sellafield Nuclear processing site employing over 7,000, BAE systems Submarine solutions employing over 5,000, County Council employing over 17,000 individuals and many more employers including Centre Parks, shipyards, GlaxoSmithKline PLC, Three large NHS Hospitals along with an enormous tourist industry.

The local managing agents undertake all tenant finding, referencing and collections of rent along with property management and maintenance providing a complete hands-off investment.

The Financials:

Purchase Price: £510,000
Current Value: £550,000
Sourcing Fee: £20,000
Monthly Rental Income: £4,500
Annual Rental Income: £54,000
Total Cash Investment: £127,500

The portfolio offers an appealing opportunity to both mortgage and cash buyers.

Mortgage: 75% BTL (3% assumed rate)
25% Deposit: £127,500
Annual Rental Income: £46,920
Annual Mortgage Payment: £11,475 (interest only)
Income: £35,445 (less any other costs incurred)
Return On Capital Employed: 36.7%

Cash purchase
Purchase Price: £510,000
Annual Rental Income: £46,920
Yield: 9.92%

Planning Information

N/A

The Plan

The portfolio offers an appealing opportunity to both mortgage and cash buyers.

Mortgage: 75% BTL (3% assumed rate)
25% Deposit: £127,500
Annual Rental Income: £46,920
Annual Mortgage Payment: £11,475 (interest only)
Income: £35,445 (less any other costs incurred)
Return On Capital Employed: 36.7%

Cash purchase
Purchase Price: £510,000
Annual Rental Income: £46,920
Yield: 9.92%

The Location

Cumbria is predominantly rural and contains the Lake District National Park, a UNESCO World Heritage Site considered one of England's finest areas of natural beauty.

Towns and villages are scattered across the county and large employers offering good job opportunities to the population including Sellafield Nuclear processing site employing over 7,000, BAE systems Submarine solutions employing over 5,000, County Council employing over 17,000 individuals and many more employers including Centre Parks, shipyards, GlaxoSmithKline PLC, Three large NHS Hospitals along with an enormous tourist industry.

Average estimated value for a house in CA14 4HF

£125,000

The current average value for a terraced house sold in the last 12 months is £82,612.

With large employment opportunities and a tourist season, all year round in the Lake District Cumbria continues to see growth.