Portfolio

3 Bed terrace/4 person mini-HMO – Burnley

Purchase & refurbishment costs Purchase price£45,000 Refurbishment cost£19,000 Solicitor's fees & broker£900 Stamp Duty£1,350 Total£66,250 Cashflow Property valuation£65,000 Mortgage loan @80% LTV£48,750 Mortgage payment (interest only/PCM)£109 Rent (PCM)£1,430 Lettings management - 15% (PCM)£215 Operating expenses£286 CASHFLOW (PCM)£820 ROI & Yield Money left in£17,500 Cashflow (PA) £8,856 Return on investment (PA)50.6% Gross Yield26% Coal Clough Lane [...]

4 bedroom/6 person HMO conversion – Accrington

Purchase & refurbishment costs Purchase price£50,000 Refurbishment cost£35,000 Solicitor's fees & broker£1,150 Bridging cost £2,752 TOTAL£88,902 Cashflow Property valuation£100,000 Mortgage loan @80% LTV£75,000 Mortgage payment (interest only/PCM)£241 Rent (PCM)£1,755 Lettings management - 15% (PCM)£263 Operating expenses£438 CASHFLOW (PCM)£813 ROI & Yield Money left in£13,902 Cashflow (PA) £8,780 Return on investment (PA)63% Gross Yield21% 56 Manchester [...]

Full renovation of 5 x 1 bed flats – Cliviger

Purchase & refurbishment costs Purchase price£170,000 Refurbishment cost£76,396 Solicitor's fees & broker£2,100 Stamp duty£5,100 Bridging cost £9,803 TOTAL£263,399 Cashflow Property valuation£300,000 Mortgage loan @80% LTV£225,000 Mortgage payment (interest only/PCM)£685 Rent (PCM)£2,675 Lettings management - 15% (PCM)£267 Operating expenses£267 CASHFLOW (PCM)£1,456 ROI & Yield Money left in£38,399 Cashflow (PA) £17,472 Return on investment (PA)45.5% Gross Yield10.7% [...]

2 bedroom terrace buy to let – Accrington

Purchase & refurbishment costs Purchase price£29,000 Refurbishment cost£10,225 Solicitor's fees & broker£900 TOTAL£40,125 Cashflow Property valuation£45,000 Mortgage loan @80% LTV£33,750 Mortgage payment (interest only/PCM)£98 Rent (PCM)£395 Lettings management - 15% (PCM)£47 Operating expenses£33 CASHFLOW (PCM)£216 ROI & Yield Money left in£6,375 Cashflow (PA) £2,592 Return on investment (PA)40.7% Gross Yield11.8% 73 Belfield Road   Accrington [...]

5 bedroom HMO conversion – Burnley

Purchase & refurbishment costs Purchase price£46,500 Refurbishment cost£35,000 Solicitor's fees£900 Stamp duty £1,395 Architect and Planning permission£2,000 TOTAL£85,795 Cashflow Property valuation£75,000 Mortgage loan @80% LTV£56,250 Mortgage payment (interest only/PCM)£164 Rent (PCM)£1,750 Lettings management - 12% (PCM)£210 Operating expenses£350 CASHFLOW (PCM)£1,026 ROI & Yield Money left in£29,545 Cashflow (PA) £12,312 Return on investment (PA)41.7% Gross Yield24.5% [...]

7 Bed, licensed Sui Generis HMO – Accrington

Purchase & refurbishment costs Purchase price Refurbishment cost Solicitor's fees TOTAL Cashflow Property valuation£170,000 Mortgage loan @80% LTV£127,500 Mortgage payment (interest only/PCM)£425 Rent (PCM)£2,750 Lettings management - 12% (PCM)£358 Operating expenses£550 CASHFLOW (PCM)£1,418 ROI & Yield Money left in£40,350 Cashflow (PA) £17,010 Return on investment (PA)42% Gross Yield19.4% 40-42 Nuttall Street   This property was [...]

2 to 3 bedroom conversion – Darwen

Purchase & refurbishment costs Purchase price£33,000 Refurbishment cost£22,400 Solicitor's fees£900 TOTAL£56,300 Cashflow Property valuation£60,000 Mortgage loan @80% LTV£48,000 Mortgage payment (interest only/PCM)£160 Rent (PCM)£450 Lettings management - 12% (PCM)£54 Operating expenses£20 CASHFLOW (PCM)£216 ROI & Yield Money left in£8,300 Cashflow (PA) £2,592 Return on investment (PA)31% Gross Yield9.6% 25 Sandringham Road   This property was [...]

8 bedroom HMO – Darwen

20 bank street Darwen This HMO is within an article 4  area, which gives the council the power to restrict the quantity of HMOs. This makes applying for a new HMO planning permission virtually impossible, but on the other hand if you have a HMO within this area there is very little competition. In the [...]

2 bedroom flat conversion – Preston

Purchase & refurbishment costs Purchase price£24,000 Refurbishment cost£17,000 Solicitor's fees£900 TOTAL£41,900 Cashflow Property valuation£60,000 Mortgage loan @75% LTV£48,500 Mortgage payment (interest only/PCM)£125 Rent (PCM)£450 Lettings management - 12% (PCM)£45 Operating expenses£20 CASHFLOW (PCM)£ 269 ROI & Yield Money left in£0 left in! £6,600 profit made on refinance Cashflow (PA) £3,228 Return on investment (PA)infinite Gross [...]

Mini HMO* conversion – Burnley

Purchase & refurbishment costs Purchase price£44,000 Refurbishment cost£16,000 Solicitor's fees£900 Bridging cost£4,000 Stamp duty£1,320 TOTAL£66,220 Cashflow Property valuation (expected)£65,000 Mortgage loan @75% LTV£48,500 Mortgage payment (interest only/PCM)£124 Rent (PCM)£1,408 Lettings management - 12% (PCM)£281 Operating expenses£281 CASHFLOW (PCM) (no voids)£722 ROI & Yield Money left in£17,720 Cashflow (PA) £8,664 Return on investment (PA)49% Gross Yield26% [...]

3 Property Deal – Burnley

Purchase & refurbishment costs  37 Elmwood Street39 Elmwood Street54 Athol Street North Purchase price£45,000£45,000£10,000 Refurbishment cost£150£1,100£28,084 Solicitor's fees£900£900£900 Stamp duty£1,350£1,350£0 TOTAL£47,400£48,350£38,984 Cashflow  37 Elmwood Street39 Elmwood Street54 Athol Street North Property valuation£45,000£45,000£55,000 Mortgage loan£33,750£33,750£41,250 Mortgage payment (PCM)£80£80£106 Rent (PCM)£368£368£475 Lettings management - 8% (PCM)£29£29£38 Operating expenses£33£33£33 CASHFLOW (PCM)£226£226£298 ROI & Yield Money left in£25,984 Cashflow [...]

Do you have an enquiry for us?

Call us today