BTL in Hull, 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.
This deal can generate high cashflow.
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.

A great opportunity to acquire a magnificent freehold building which is fully let as 5 self-contained flats - 4x 1 beds and 1x 2 bed.

Financial Information
Current value: £400,000
Purchase price: £400,000
Purchase costs: £139,500
Refurb/works cost: £0
Sourcing fee: £8,000
GDV: £400,000
Monthly profit (£): £3,160
Annual profit: £37,920
Monthly rent: £4,160
Annual rent: £49,920
ROCE (%): 27%
Yield: 12%
Money left after refinance: £139,500
Investment required: £139,500