Here at Orchards, we are always looking out for the best buy to let deals for our clients , but due to the higher interest rates these were harder to come by, however we’ve recently seen a rapid decrease in interest rates being charged by banks, so are now back on the hunt for potential buy to lets, and happen to have just been instructed on one which we think is perfect!
Its currently underlet at £655pcm due to the tenant having been in residence for the past 9 years. She is keen to stay so would agree to a rent increase, and the market value rent is realistically £795pcm.
We have taken the opportunity to breakdown the deal below (click to enlarge) based on the best buy to let mortgage we could find today, however rates are changing every day so keep your eye on the market!
Interested?
Call us on 01525 40 22 66 or email adam@orchards.co.uk