Turnkey BTL - Newcastle
About this property
Property Details
• 3 bed semi-detached.
• Standard built
• 63 m2
• Freehold
• Turnkey investment, nil CAPEX
Financials
• Target Purchase Price: £100,000
• Purchase Costs: £9,850 (include Sourcing Fee: £3,000, Legal Fees: £1,500, Insurance: £350, SDLT: £5,000)
• Total Investment Required: £34,850
Rental Income
• £1,100 PCM
• £13,200 PA
• Mortgage Assumption: 75% Loan-to-Value Buy-to-Let Mortgage at 5% Interest
• Estimated Mortgage Payment: £312 PCM
• Estimated Net Monthly Cash Flow: £787PCM
• Estimated Net Annual Cash Flow: £9,450 PA
• Gross Yield: 13%
• ROCE: 27%
With no refurbishment costs and immediate rental readiness, this property offers a compelling combination of strong yield, healthy monthly cash flow and long-term capital growth potential.
For further details or to invest please contact.
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.