North West London Property

3 year Buy to Let

£1,000
of £674.5k
1
Current Investors
0.15%;
0.15%
Funded
 
36 Months Term
20% Below Market Value
9% Projected Net Rental Yield
11% Projected Growth

About The Property

  • Extended four bedroom, two bathroom mid- terraced house located in Neasden, London
  • Fully double glazed and gas central heating
  • Expected rent £2,500 per calendar month
  • Property has been secured at £600,000 

By investing in this property, your capital is at risk. You cannot lose more than you put in.

This 1930's built double storey house is located in the fashionable area of Neasden, North West London and comprises a lounge, kitchen/diner, spacious double bedroom and bathroom on the ground floor, with three further bedrooms and bathroom situated on the first floor. There is off-street parking for 2 vehicles to the front and a large garden and garage to the rear. Access to the garage is from a service road to the rear of the property.

The property has been recently modernised to a high standard and is in excellent rentable condition. It is expected to be let unfurnished for a monthly sum of £2,500 and is in an area where there is excellent demand for properties for rent.


About The Area

The property is situated in a superb location for local transport and shopping facilities. Neasden shopping centre (6 min walk), Neasden underground station (0.7 mile), A406 North Circular Road A406 (0.2 mile), M1 motorway (1.8 miles), Brent Cross shopping centre (2.6 miles). Marble Arch and London's West End is only a mere 5.8 miles (26 mins by car).

Financials

Purchase Costs
Purchase price 600,000
PTC listing fee 32,000
Acquisition Cost 42,500

Total costs £674,500

Projected Annual Rental Dividends
Rental income 30,000
Management fee (incl VAT) ( 3,600)
Insurance ( 500)
Accountancy fee ( 700)
Company tax ( 4,800)

Projected annual dividend income £20,400
Projected annual dividend yield 3%
Projected total dividend yield 9%


Projected Sale Proceeds
Sale price 766,000
Cost of purchase (674,500)
Company tax ( 17,400)

Projected net gain on sale £74,100
Projected growth 11%


Total return on investment (ROI) over 3 year term = 9% + 11% = 20%

Download Offer Document below to see full Financials.

Location

Further Questions

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Calculate your earnings

£

With a £1000 investment, we project you could get back £1245, of which £1045 will be paid at a monthly rate of £87 p.m.

Based on 11% projected capital growth and 9% projected Net Rental Yield.

Historic house prices are not a reliable indicator of future performance. The rates of return quoted are illustrative only and are not guaranteed.