Case Study for an Investor21 Aug 2020
Case Study for a First Time Landlord Property Investor
A recent case study for a low-risk property investor – who wanted something steady, easy to let and with a reasonable monthly income.
This investor uses a small buy to let mortgage to finance her purchases and this property has ticked all the boxes.
Purchase Price circa £105,000
ADT and fees £5,000
Spend to get it rental ready – including furniture – £2,000
Total Spend £112,000
Monthly Rent £750pcm
Yield before factor fees 8%
This investor uses our staging and furnishing service to make sure the property looks great before it goes on to the market – and 9 times out of 10 that means we find a tenant super quickly!
This property is looking fab and we have a tenant lined up already! This investor has only been to the flat once, we have done all the rest of the hard work for her, and now she has a steady monthly rental income.