Buy to Let in Mexborough, Value Uplift

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 believes this property is being sold at a discounted price, below the open market value.
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 hands off investors, suitable for investors with limited time or for overseas investors.
This property offers a high yield in rental income, therefor being a great cashflow generating asset.
This property requires renovation to maximise it's returns, therefor being sold as a renovation project.
The agent has highlighted that this deal offers a high return on capital employed, allowing your investment to work hard in generating you income.
The agent suggests this deal has great value-uplift potential.

.
BRRR or SELL
Offer £62,000; Refurb £12,000; End value £100,000; Profit £17,000
.
Bridging purchase profit £9,000
Cash purchase Profit £17,000
Rental £750pcm
Quick renovate rent or sell property
Walking distance to train station
Garden
Close proximity to Town centre
Good transport links in and out of the town
Motivated seller looking for quick sale
.

Financial Information
Current value: £62,000
Purchase price: £62,000
Purchase costs: £5,000
Refurb/works cost: £12,000
Sourcing fee: £4,000
GDV: £100,000
Monthly profit (£): £332.50
Annual profit: £3,990
Monthly rent: £750
Annual rent: £9,000
ROCE (%): 26%
Yield: 9%
Money left after refinance: £15,110
Investment required: £43,145