For Sale - London, E14 - £399,995

1. 3 Bedroom Maisonette
2. Large Lounge with Balcony
3. Large Kitchen
4. Bathroom
5. New Boiler
6. Walking Distance to Langdon Park DLR
7.Few minutes walk from Crisp Street Market
8. 2 Stops away from Canary Wharf

Example: Financial break down fo illustration purpose only, this is not an financial advice please conduct your own due diligence before purchasing any property.

Purchase price £400,000

Deal Sourcing fee 0%

Current Rental Income £1800 per calender month ( £21,600 PA)


Capital required at 75% LTV: Deposit £100,000
Legals £1,500
Stamp duty £4,000
Sourcing Fee £0,00

Total £105,500

Monthly Cost to consider: Mortgage @ 4% = £981 ( interest only)
Service Charge £105 ( £1260 PA Estimated)
Management Fee £0.00 ( rent on rent Gauranteed)

Total £1086 (£13,032 PA)

Monthy Cashflow After cost Rent to Landlord £1,800 - £1086 = £714 (£8568 PA)


Return on investment £8568
------------- x 100 = 8.12%
£105,500

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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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