2 bed Flat For Sale £115,000
Spacious second floor two bedroom flat in the popular Hampton area. This apartment has laminated flooring to the kitchen & living area, double bedroom with built-in wardrobes and a good sized single. Modern white bathroom with shower. Allocated parking. Currently tenanted with long term tenant paying £595 pcm
Investor Information
Based on a sale at £115k and potential rental income of £595 pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary)
75% loan assuming standard btl loan at 2.49% (interest only)
Capital used £33,550 (including deposit, stamp duty and conveyance)
Annual pre tax profit of £3,464 = 10.33% pre tax income on capital used (these assumptions include a maintenance estimate)
Gross yield 5.96%
If you are thinking of purchasing this property as a buy-to-let, we have a variety of property management schemes available, ranging from the traditional to our highly popular Guaranteed Rental Income Scheme which offers hassle free property management whilst guaranteeing the rent even if the property is vacant!
EPC rating: C.
Investor Information
Based on a sale at £115k and potential rental income of £595 pcm (please note that these figures are an illustration based on an average buy to let mortgage and deposit and actual costs may vary)
75% loan assuming standard btl loan at 2.49% (interest only)
Capital used £33,550 (including deposit, stamp duty and conveyance)
Annual pre tax profit of £3,464 = 10.33% pre tax income on capital used (these assumptions include a maintenance estimate)
Gross yield 5.96%
If you are thinking of purchasing this property as a buy-to-let, we have a variety of property management schemes available, ranging from the traditional to our highly popular Guaranteed Rental Income Scheme which offers hassle free property management whilst guaranteeing the rent even if the property is vacant!
EPC rating: C.
