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South Moor, Stanley, DH9 XXX

2 Bedroom Flat

A two bedroom ground floor flat with a living room, kitchen and family bathroom. The property is on a Tyneside ("crossover") lease meaning that there are no ground rent or service charges to pay. There will also not be any Stamp Duty Land Tax (SDLT). PS Investor Services have been informed that this property is currently undergoing refurbishment (the owner is expecting to spend approximately £2,000 on the works). Please get in touch to receive our full due diligence pack.

  • Purchase Price:
    £29,950.00
  • Deposit (75% LTV):
    £7,487.50
  • Monthly Rental Figure:
    £300.00
  • Gross Yield:
    12.02%
  • Mortgage Figure (@ 5.00% Payrate*):
    £56.16
  • Monthly Service Charge:
    £0.00
  • Monthly Ground Rent:
    £0.00
  • Estimated Total Monthly Holding Costs:
    £189.00
  • Estimated Monthly Net Operating Income (NOI):
    £111.00
  • Estimated Net Yield (Pre Tax):
    4.44%
  • Estimated ROCE (Annual Net Operating Income / Deposit):
    17.78%
  • Estimated Annual Capital Growth Expectation:
    2-3%
  • Stamp Duty Charge:
    £0.00
  • Buyer's Legal Fees:
    £500.00
  • Seller's Legal Fees:
    £0.00
  • Lender's Legal Fees:
    £0.00
  • Estimated Refurbishment Costs:
    £0.00
  • Google Maps Area Link:
  • Bing Maps Area Link:
  • Wikipedia Link:
  • Local Authority Website:

* Average rate of the top 8 Limited Company (SPV) buy-to-let mortgages (based on a purchase price of £100,000 / £75,000 loan / 25-year term and therefore not the financing terms of this transaction). See our monthly factfiles for the latest figures.

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