Orchards Estate Agents

View Original

Potential Buy to Let Investment Property - 5 The Meadows Flitwick

Currently for sale with Taylors Flitwick is a property in The Meadows, Flitwick. Orchards have let many properties in this popular location within walking distance of the mainline train station, which we believe could be an ideal buy to let investment, considering the rent demand locally meaning price increases, and a reduction in stamp duty now could be the best time to buy!

Potential Deal Breakdown

Based on assumed variables such as mortgage rate (based on a current Lloyds 2 year fixed buy to let 80% LTV interest only mortgage product, all buyers are responsible for their own researched in regards to the costings.)

We have also based the return on investment on an achieved rent of £795 per month as this is what we have received on our most recent let in The Meadows, and a conservative estimate of 4% property value appreciation, 2% annual rent appreciation and an occupation rate of 95%.