BTL in Nelson

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.

Investment Gem: 2-Bed Terraced House, Ready for Renovation, Cash Buyer, Reduced
Location: Leeds in Nelson, Lancashire BB9
A prime, centrally located spot with walking distance to town amenities and excellent transport links.

Key Highlights
2 spacious bedrooms, 1 modern bathroom
750  sq ft of flexible living space
Enclosed rear garden & garden-fronted mid-tiere
Freehold tenure, EPC rating D (opportunity to boost energy efficiency)
No onwards chain – cash buyer only (ideal for investors looking to add value quickly)

Investment Potential
High rental demand in Nelson; projected rental yield could exceed 10 % after upgrades.
Chain-free status accelerates closing; perfect for flipping or long-term BTL strategies.

Renovation Scope
Modernise kitchen & bathroom, refresh interior finishes, and improve insulation to raise EPC rating.
Leverage the existing garden and off-road parking to add premium outdoor appeal.

Financial Information
Current value: £60,000
Purchase price: £45,000
Purchase costs: £45,000
Refurb/works cost: £24,200
Sourcing fee: £1,500
GDV: £75,000
Monthly rent: £650
Annual rent: £7,800
Investment required: £72,975