Turnkey BTL in Halifax
About this property
Cash buyers only - BTL in Halifax - 13% Yield - Tenanted
This property is a one bedroom flat based in Halifax. Suitable for Cash investors, this £45,000 property is tenanted, currently bringing in £500 per month, which equates to superb yield of 13%.
This tenanted investment offers a very attractive yield and low entry costs, as well as day 1 cashflow.
The financials:
▪ Purchase price: £45,000
▪ Annual profit: £6,000
▪ ROCE: 11%
▪ Rental yield: 13%
▪ Monthly rent: £500
▪ Annual rent: £6,000
▪ Service charge: £1,197
▪ Ground rent: £144
For further information, please get in touch.
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Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.