Leeds Property Investment Apprisal
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Transcript of Leeds Property Investment Apprisal
Arley Place
Property Appraisal
27 Arley Place, Leeds LS122 Bedroom End Terrace House
Headline Numbers
Purchase Price £76,000 Gross Rent (LHA Tenants) £6,360
25% Deposit £19,000 Mortgage Interest @ 4.0% £2,280
Refurbishment £500 Lettings & Mgmt 10% £636
Legal Fees £1,150 Maintenance & Buildings Insurance £200
Mortgage Broker Fees £570 Cash Flow £3,244
Stamp Duty £2,280
Sourcing Fee £3,500 Cost Yield Return on InvestmentProject Management Fee £50
Total Investment £27,050 7.6% 12.0%Total Cost of Purchase £84,050 Gross Rent / Total Cost of Purchase Gross Rent / Total Cost of Purchase
Comparables
Fully Modernised
Price
£85,000
£84,0002 Bedroom Mid Terrace
30/08/2016
26/07/2016
13/05/2016
£80,000
Sold DateDescription Notes
2 Bedroom Mid Terrace
2 Bedroom Mid Terrace
Fully Modernised
Well Presented
*Valued and not sold
Address
4 Arley Street
13 Rombalds View
7 Arley Street
Property Particulars Refurbishment Works
2 bedroom easily rentable to a family Upgrade Consumer Unit
Good condition and location Clean throughout
Low refurb, reducing the void period before tenancy
Close to local amenities: Schools, commuter links, high street, a park and a leisure complex