BTL in Lancashire
About this property
BTL Lancashire 17% ROCE 10% Yield
Traditional Lancashire Stone Row Cottage seeks new tenants, Homes on this street are expected to rent for £675 per month, solid cashflow and expected capital appreciation too.
FINANCIALS
Purchase Price: £80,000
Investment Required : £29,250 with 75% LTV
Income: £675.pcm / £8,100p/a
Profit: £425.pcm / £5,100p/a
ROCE: 17%
Gross Yield: 10%
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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.