Another hat in investment
Buy to Let
In a nutshell, it’s a great idea for a long term investment. Folks adopt it as a simplest way for a second income at home. Some make a business out of it. Be any serving purpose, its necessary to explore properties before you are likely to buy. Consider all the factor that help attract the customers who’ll buy. Our team lies expertise working on such projects and give you a detailed exploration of it. We’ll access and analyze on your behalf to balance out things for you.
Wana know the approximate figures and how calculations are done? Lets know it!
1) Annual Running cost: mortgage repayments + estimated refurb costs + vacant time (estimate 30 days per year) + service charge and ground rent (if the property is leasehold)
2) Percent Gross rental yield/cost: total income per year ÷ the value of the property) x 100 = % gross yield.
3) Percent net yield: ([total income – total costs] ÷ the value of the property) x 100 = % net yield.