- 25% Below Market Value
- 17% ROI
- Neatly Presented
- Cash and Mortgage Buyers
Amazing 25% below market value, BTL opportunity.
17% ROI managed by estate agency, hands-off investment.
- 2 units available
- 2 bed apartments, £50,000 per unit + fees
- 2 double bedrooms
- 15 minutes drive to Central Liverpool (18 mins by public transport.)
We are pleased to present to our investors this two bedroom, first floor apartment situated within close proximity to all local amenities including schools, shops and transport links.
Reason for sale: The vendor is retiring and is slowly selling off his portfolio.
The accommodation comprises of entrance hall with built in storage, open plan lounge/dining room, fitted kitchen, two good sized bedrooms and bathroom. Private off road parking is also available to the front of building.
Lounge 15' 6" x 11' 1" ( 4.72m x 3.38m )
Kitchen 10' 3" x 6' 4" ( 3.12m x 1.93m )
Bedroom One 11' 7" x 10' 3" ( 3.53m x 3.12m )
Bedroom Two 10' 2" x 8' ( 3.10m x 2.44m )
Purchase price - £50,000
Valuation - £63,000
Stamp duty - £1,500
Sourcing fee - £4,000
Solicitor fee - £1,000
Deposit for mortgage - £10,000
Initial Investment - £16,500 on a buy to let mortgage.
Cash purchase - £56,500
Achievable Rent - £495
Mortgage Interest - £117
Ground Rent - £58
Service Charge - £12
Insurance - £8
Management Fee - £59
Profit per month - £241 on a buy to Let mortgage.
Buy the property for the sole purchase of a buy to let. This could be either a cash offer or we could arrange a buy to let mortgage with a £10,000 deposit.