FOREST ROAD - NG17

This property is a 3 bed terraced house (including loft room) in Kirkby-in-Ashfield, Nottinghamshire and has a purchase price price of £90,000 with similar on street comparables at £120,000. With an achievable rental yield of over 9% the property is in good condition but needs a complete tidy up.

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Financial Breakdown

Quick Sale Price: £90,000

Deposit: £23,000

Est Rent PCM: £750

Mortgage Payment PCM: £168.75

 

NET Profit PCM: £581.25

NET Profit PA: £6,975

NET Yield 7.7%

NET ROI 30.3% 

Forest Road

Kirkby-In-Ashfield

NG17 9HH

Potential Market Value £125,000

Purchase Price £90,000

Discount £35,000

28% BMV

Sold January 2022