Blakiston Street, Fleetwood
This property was sourced on to London based investors in April 2020.
The Numbers
Purchase Price: £61,250
Stamp and Legals: £2,845
Refurbishment: £12,000
Sourcing Fee: £3,000
Total Investment: £79,095
Refinance revaluation: £90,000
75% LTV drawn down: £67,500
Money Left In: £11,595
Rent: £550pcm
Cashflow: £243pcm
Return on Investment: 23%
