CEDAR ROAD - LA14

Offering a good genuine discount over £30,000 on local comparables this 3 bed semi-detached house in Cumbria might not have the most attractive rental yields but is currently tenanted and is in good condition throughout. With potential to refurb/refinance and flip or to rent longer term to the current tenant with small works to be undertaken not too costly.

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Financial Breakdown

Quick Sale Price: £128,000
Deposit: £32,000
Est Rent PCM: £595
Mortgage Payment PCM: £240

NET Profit PCM: £355
NET Profit PA: £4,260
NET Yield 3.5%
NET ROI 13.3% 

Cedar Road

Barrow-in-Furness

LA14 5EE

Potential Market Value £160,000

Purchase Price £128,000

Discount £32,000

20% BMV

Launched January 2022