BTL in Sunderland, High ROCE

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.
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.
The agent has highlighted that this deal offers a high return on capital employed, allowing your investment to work hard in generating you income.

Please note that this is an auction sale property. The purchase price may vary.

Financial Information
Current value: £55,000
Purchase price: £55,000
Purchase costs: £5,100
Refurb/works cost: £1,000
Sourcing fee: £3,000
GDV: £55,000
Monthly rent: £750
ROI: 9000%
Investment required: £24,187