Congratulations! You have started the first step in making more of your savings. Why put your money in the bank doing nothing for you when you could invest in a buy to let property offering yields of over 7%?
Meet George, he’s taken some money out of his pension pot and wants to invest, hows it going to work financially? He has £85k to spend, and he buys a 1 bed flat in Glasgow – here’s the headline grabber figures!
Purchase Price: £85,000
Anticpated Rent (pcm): £650
Estimated Yield 9.2%
But here’s the reality…
Anticpated Rent (pcm)
Factor fees (pm)
Obviously you need to pay tax on this income but still, what a fantastic return!! Over 7%!
Where to Start?
Buying your first investment property can be daunting, let us help…
From offering advice on a potential purchase or offering a more complete full acquisition service, Fineholm offer complete solutions and can mange your investment every step of the way.
If you would like some great advice call us on 0141 221 7993 or 0131 221 7993 or email email@example.com