23/08/2022
An awesome 3 Bed house with 1 Bath for 80K with monthly rent of £550 and has an existing longterm tenant keen to stay at the property.
Here are the Numbers just to give you a rough idea of what it will entail;
House Price. 80,000 GBP
Monthly Rental 550. GBP
*Mortgage (IO 3%). 197. GBP
Monthly Profit. 318. GBP
**Total Investment. 25,000 GBP
ROI. 15.00 %
Yield. 8.25%
*Mortgage is an Intrest only estimated at 3%.
** The total investment 25K includes all monies you will pay to secure the proper ( 25% deposit, 3% Stamp Duty, Estate Fees 1,999, Solicitor fees 1,000 )
It doesn’t matter you don’t live in Stoke on Trent with over 29 years of managing properties, we offer a bespoke service and manage the properties as we would our own.
Feel free to inbox me if you have any questions.