Turnkey BTL in Briercliffe

Strategy: BTL
This one-bedroom terraced property, located in Briercliffe, Lancashire, offers strong capital appreciation and excellent cash flow. The deal is ready to go, allowing you to start generating a comfortable return immediately. While the property is already highly desirable due to its location, this is a ideal investment for a first time investor or even a professional looking to grow their portfolio.
Key property details:
- 1bed mid terraced
- 49sqm
- Freehold
- No chain
- Briercliffe

Key financial :
- purchase price: £65,000
- purchase cost: £9,100
- Refurb cost: £0
- GDV: £70,000
- Rental income: £650
- Annual rent: £7,800
- Profit per month: £453
- Annual profit: £5,437
- Yield: 11%
- Money left in after refinance: £21,600
- Sourcing fee: £3,000
For further information get in touch.