SOLD – 3 Bed Semi-Detached House, Kidderminster – £85k – 8.1% Yield
General
- 3 Bedroom semi-detached house with front and rear gardens
- 1.5 miles from town centre
- Tenants in place
- 8.1% Yield
Purchase Figures
- Purchase Price: £85,000
- Market Value: £105,000 – £110,000
- Instant Equity Gain: £20,000 – £25,000
Monthly Cash-Flow
- Rental Income: £575 per month (currently tenanted)
- Mortgage Payments £231 (based on 75% LTV at 4.35%)
- Insurance: £10
- Profit: £334
Please enquire for further information.