BTL in Peterborough

This BTL opportunity based in Peterborough offers [9%] yield. The property is turnkey, ready to go and is below market value as the seller is highly motivated to shift the property due to personal circumstances. The property is tenanted, and it is generating income. With good capital growth and rental demand in the area, this property is highly suitable for Off Market BTL Investors looking for BMV stock with a strong yield and ROCE.

Financials
Purchase Price: £60,000
Purchase Costs: £23,250
Sourcing Fee: £3,000
Refurbishment Cost: £0
GDV: £76,000
Money Left in: £24,750
Monthly Rent: £550
Annual Rent: £6,600
Monthly Profit: £212.50
Annual Profit: £2,550
ROCE: 23%
Gross Yield: 9%
Net Yield: 3%

Sourced offer a comprehensive property wealth building package in one place;
Sourced Investment Agents - Sourcing investment opportunities for you.
Sourced Enterprise - Limited company and SPV formations with tax efficient portfolio structuring and accounting solution.
Sourced Finance - Access specialist property lending and mortgages, created for investors.
Sourced Lettings - Seamlessly integrate property management using our nationwide lettings management service.

For further information, get in touch.