Chesterfield – Tenanted Freehold BTL Investment - 9% yield from day one

This freehold buy-to-let investment in the heart of Chesterfield offers investors an excellent opportunity to acquire a fully tenanted property generating income from day one, with significant potential to increase returns through a simple rental uplift.
The property requires no refurbishment, making it a true hands-off investment. It is currently let at £475 PCM, providing immediate cash flow from completion. Comparable rental properties in the area are achieving £650+ PCM, presenting an excellent opportunity to increase the rent in line with market levels over time, subject to the appropriate tenancy agreements and legal procedures.

Continue receiving rental income from day one while increasing the rent towards market value. At an estimated £650 PCM (£7,800 per annum), the property delivers a 9% gross yield. Investors are projected to have approximately £24,750 remaining in the deal, creating a strong cash-flowing asset with long-term growth potential.

Key Investment Figures
▪ Purchase Price: £80,000
▪ Refurbishment Required: £0
▪ Investment Required: £28,500
▪ Expected GDV / Current Value: £85,000
▪ Current Rent: £475 PCM (Income from Day One)
▪ Market Rent: £650+ PCM
▪ Projected Annual Rental Income: £7,800
▪ Annual Profit: £4,612
▪ Gross Yield: 9%
▪ ROCE: 19%

This is an ideal investment for landlords looking for a low-maintenance, income-producing asset with immediate rental income, no refurbishment costs and excellent potential to increase returns through a market rent review.

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Sourced reference: 941969764327923