3-bed terraced house, Basingstoke
RG21, Basingstoke
Three-bed mid-terrace a short walk from the station and town centre. Needs a new kitchen and redecoration throughout. Vacant, so it can complete quickly.
| Deposit (25%) | £61,500 |
| Stamp duty (incl. 5% surcharge) | £14,720 |
| Legal and survey | £1,800 |
| Refurb | £8,000 |
| Sourcing fee | £3,000 |
| Total cash needed | £89,020 |
| Rent | £1,350 |
| Mortgage interest (5.5%) | £846 |
| Management and other costs | £222 |
| Cash flow | £282 |
| Net yield | 5.3% |
| Return on cash | 3.8% |