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Your capital is at risk and investments are not covered by the Financial Services Compensation Scheme (FSCS).

Buy-to-let

West Yorkshire

2 Year Buy to Let

£54,770 Raised
£54,770 Total
5 Investors
0% Projected Growth
9% Below Market Value
 
  • Two Bedroom Period Cottage
  • Many Original Features
  • Brand New Kitchen
  • Rent £375 pcm (from 20/11/2017)
  • Situated in the foothills of the Pennines, Bradford is part of the United Kingdom’s fourth largest urban area – West Yorkshire Urban Area.
  • Bradford has a population of just over 500,000. The city enjoys a great location just 10 miles from Leeds and has extremely good links to the rest of the major northern cities that surrounds it.
  • Bradford’s economy is one of the strongest in the region and it is expected to top £10 billion in 2017.
  • In total, over £500 million has been invested in the city centre over the last year, with an additional £200 million being ploughed into other parts of the wider district.
  • The last 12 months has also seen the opening of the new Westfield shopping and leisure complex, The Broadway. Eighty-two new stores fill the 570,000 sq ft of retail space and over 2,000 jobs have been created in the process.

Purchase Costs Purchase

Price £51,000
Acquisition costs (*) £1,170
Fee £2,600
Total costs £54,770

(*)Acquistion costs

Legal £700
Valuation £470
Renovation nil
Total acquisition costs £1,170

Projected annual rental dividends

Rental income £4,500
Management fee £450
Corporation tax £770

Projected annual dividend income £3,280

Projected annual yield 6%
Projected total yield 12%

Projected Sale Proceeds

Sale price £80,000
Cost of purchase £54,770
Corporation tax £4,790
Projected net gain on sale £20,440
Projected growth 37%
Total ROI over 2 years 12% + 37% = 49%

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