The Property is 7min walk to local amenities and 15min walk to an overground station into central London.
ITEMS | AMOUNT (£) |
Agreed purchase price of property | £390,000 |
Outstanding mortgage (76.5% of purchase price) | £298,000 |
Legals, surveyors, and mortgage brokers fees | £5,000 |
Stamp Duty Fees | £18,700 |
Refurb costs & Furnishings | £10,000 |
Investors Investment | £100,000 |
Achievable annual rent | £30,000 |
Annual mortgage payments (around 5.35%) | £16,000 |
Annual insurance costs | £650 |
Investors 8% annual ROI | £8,000 |
ITEMS | AMOUNT (£) |
Agreed purchase price of property | £163,000 |
Outstanding mortgage (76.5% of purchase price) | £124,000 |
Legals, surveyors, and mortgage brokers fees | £3,500 |
Stamp Duty Fees | £4,900 |
Refurb costs & Furnishings | £5,000 |
Investors Funding | £52,500 |
Achievable annual rent | £14,400 |
Annual mortgage payments (5.8%) | £7,500 |
Annual insurance costs | £350 |
Investors 12.5% annual ROI | £6550 |
Currently purchasing a 4 bed semi detached property alongside a care and registered provider that will house three tenants with learning difficulties. This will be on a 10 year fully repairing and insuring lease.
ITEMS | AMOUNT (£) |
Agreed purchase price of property | £301,000 |
Legals, surveyors, and mortgage brokers fees | £7,500 |
Stamp Duty Fees | £4550 |
Refurb costs & Furnishings | £45,000 |
Investors Funding | £150,000 |
Achievable annual rent (annual increase CPI +1) | £38,000 |
Annual mortgage payments – Commercial lend (around 7.5%) | £15,800 |
Annual insurance costs | £1000 |
Investors 10% annual ROI | £15,000 |
