|Solicitor's fees & broker||£1,150|
|Mortgage loan @80% LTV||£75,000|
|Mortgage payment (interest only/PCM)||£241|
|Lettings management - 15% (PCM)||£263|
|Money left in||£13,902|
|Return on investment (PA)||63%|
56 Manchester Road
This terraced house has been converted into a stylish and modern 4 bedroomed HMO suitable for up to 6 residents in an area with a strong rental demand. The property has a return on investment calculated at 63% and a yield of 21% and is therefore a very stable investment property.