|Architect and Planning permission||£2,000|
|Mortgage loan @80% LTV||£56,250|
|Mortgage payment (interest only/PCM)||£164|
|Lettings management - 12% (PCM)||£210|
|Money left in||£29,545|
|Return on investment (PA)||41.7%|
47 Bonsall Street
This spacious terraced house in a buoyant rental area of Blackburn will be fully renovated from a large 3-bedroom house to an above-standard 5 bedroom HMO. The return on investment is extremely high at more than 47% and coupled with a solid yield of 9.6%, this house is a very profitable investment.