A PORTFOLIO OF THIRTEEN MODERN 'BUY-TO-LET' FLATS, ALL WITH TENANTS ON SHORTHOLD AGREEMENTS. COMPRISING OF FOUR STUDIOS, 7 X ONE BEDROOM AND 2 X TWO BEDROOM FLATS. TOTAL GROSS INCOME = £176,280
SERVICE CHARGES APPROX. £27,500. THIS EQUATES TO A GROSS RENTAL YIELD OF 6.9%
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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