BTL in Cheshire

Two Bed Terraced Tenanted Property Potential 10% Gross Yield.

Recent Sale Fallen Through! Discounted property, looking for speedy buyers. Opportunities like this are hard to come by!

Investment Area: Cheshire

Strategy: Buy to Let

*TENANT IN SITU* paying £500pcm open market rent £850pcm

This traditional mid-terrace house is in the heart of a sought-after neighbourhood. 2 bedroom accommodation offering a spacious living space with large windows offering plenty of natural light, a fully equipped kitchen, and a modern bathroom. The bedroom is bright with large windows. Situated in a prime location, there is easy access to the supermarket, fast food outlets, and restaurants.

Key property details:
- 2 Bedroom Terrace
- Freehold
- 77 sqm
- EPC D
- Council tax band A
- Tenanted
- No chain

Key financials example bridging loan purchase and refinance:
▪ Total investment £29,300
▪ Purchase price: £89,000
▪ Legals: £2,000
▪ Stamp duty: £4,500
▪ Sourcing fee: £4,000+vat
▪ Refurb costs: £0
▪ GDV: £100,000
▪ Gross monthly maximum rent: £850
▪ Gross annual rent: £10,200
▪ Annual profit: £6,450
▪ Gross yield: 10%
▪ ROCE: 27%

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