Client Investment
35% ROI Single Let
- 2 Bedrooms
- 1 bathroom
35%
Annual Return on Investment
- Purchase Price: £45,000
- Annual Income: £4,312
- Money Invested: £12,100
Client Investment
35% ROI Single Let
- 2 Bedrooms
- 1 bathroom
35%
Annual Return on Investment
- Purchase Price: £45,000
- Annual Income: £4,312
- Money Invested: £12,100
Client Investment
35% ROI Single Let
- 2 Bedrooms
- 1 bathroom
35%
Annual Return on Investment
- Purchase Price: £45,000
- Annual Income: £4,312
- Money Invested: £27,200
Deal summary
Sourced directly from the vendor, this below market value property is near the city of Durham in the North East of England, with fantastic transport links to Newcastle upon Tyne and London just 3 hours by train.
The property had a tenant in situ when acquired, which allowed us to accurately forecast its return potential and provide our client with immediate cash flow.
We sourced the property for an overseas client who wanted to build a UK property portfolio in order to create generational wealth.
After supporting the client throughout the purchase process, including legal and finance, we now manage the property and its tenants, giving the client a completely hands-off investment experience.
Property location
Located just 35 minutes drive from Newcastle upon Tyne, the city of Durham has a population of circa 50,000 and is home to the world-renowned Durham University - ranked 6th in the Sunday Times Good University Guide 202. Durham boasts from having some of the hightest employments rates in the North East of England, resulting in strong levels of rental demand.
Financials
The property was purchased by an overseas client who sealed a competitive mortgage rate using our finance team.
Cash Invested
£12,100
- Purchase price: £45,000
- Mortgage rate: 75%
- Deposit: £11,250
- Legals: £850
- Money invested: £21,100
Annual Net Income
£4,312
- Total monthly rent: £500
- Monthly Mortgage: £140
- Monthly Net Income: £360
Annual ROI
35%
Get in touch and start building your property porfolio
Submit our contact form and a member of our team will be in touch to schedule a call.
During the call we will discuss the following:
- Your property investing aims and goals.
- We will answer any questions that you have about our service or property investing in general.
- Explain how our service works and experience
- Zero sales talk on our behalf or pressure to proceed.