Back to properties
Buy to let High Yield Turnkey No Money Left in Motivated Seller

BTL in King's Lynn, No Money Left in

King's Lynn and West Norfolk
£50,000
Purchase price £50,000
Monthly income £750
ROCE 999%
Gross yield 11%

About this property

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 property offers a high yield in rental income, therefor being a great cashflow generating asset.
Once refinacned, this property is projected to have no money left in, meaning all of the capital employed is returned to the investor, creating an infinite return on capital employed.
The seller is very motivated.
This is a turnkey property investment opportunity, meaning that the property does not require any refurbishment, allowing you to earn cashfow or sell the property efficiently.

Home track report available upon request.

Financial Information
Current value: £85,000
Purchase price: £50,000
Purchase costs: £9,750
Refurb/works cost: £0
Sourcing fee: £5,000
GDV: £85,000
Monthly profit (£): £248.73
Annual profit: £2,984.75
Monthly rent: £750
Annual rent: £9,000
ROCE (%): 999%
Yield: 11%
Money left after refinance: £0
Investment required: £26,750

Investment calculators

£
%
Deposit required £0
Loan amount £0

Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.

Speak to a broker