BTL in Sunderland
About this property
BTL in Sunderland - Cash Purchase - Tenanted - High Yield - Zero SDLT
A great opportunity to purchase a high yielding student investment, with a tenant already in place. This block benefits from high demand and occupancy levels, is well below the stamp duty threshold and we are offering an extra £1,000 discount on the sourcing fee due to low purchase price.
Financials:
▪ Purchase price: £17,000
▪ Annual profit: £2,367
▪ Net yield: 14%
▪ ROCE: 12%
▪ Gross yield: 39%
▪ Annual rent: £6,630
These units sell quickly, based on historical data.
Please contact for further information.
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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.