BTL in Sunderland, High Yield

The proposed strategy is to acquire the property and let it to tenants for consistent rental income and longer-term capital growth. The figures should be reviewed alongside local demand, expected running costs and finance terms.
This deal can generate high cashflow.
The agent has highlighted that this property is projected to achieve a high occupancy rate due to high demand in the local area.
This deal is suitable for first time investors.
This property offers a high yield in rental income, therefor being a great cashflow generating asset.
This property is in close proximity to major local amenities such as schools, transport links, and vibrant shopping hubs, thereby ensuring daily essentials are easily accessible.
The agent has highlighted that this deal offers a high return on capital employed, allowing your investment to work hard in generating you income.

Financial Information
Current value: £63,500
Purchase price: £63,500
Purchase costs: £5,525
Refurb/works cost: £5,500
Sourcing fee: £3,000
GDV: £65,000
Monthly rent: £750
Annual rent: £9,000
Investment required: £30,203