Buy To Let in North Belfast

Market Value at time of purchase: £120,000

Purchase price: £108,000
Renovation costs: £11,000
Total investment required (including all fees): £43,000

Rent per month: £775
Expenses per month: £270
Total cashflow per month: £505
Return on the investment made: 14%

Our team successfully sourced this off-market, four-bed terraced property located in North Belfast. The property was not listed on the market but our team was able to identify it as a great investment opportunity for our clients. Through diligent negotiations, we were able to secure the property for our clients at a price significantly below market value.

Our team assisted our clients with navigating the conveyancing process and introduced our clients to our recommended mortgage brokers. We made sure that all legal requirements were met and that our clients were well informed throughout the buying process.

After obtaining the keys, we began the renovation process in close consultation with our clients. Our team presented different options and possibilities for the property, and after agreement and discussion with our clients, we decided to paint the interior, install a new kitchen, and update the flooring throughout the property. Our team managed the project from start to finish, keeping our clients informed of progress throughout.

Upon completion, the property has been appraised to have increased in value by a significant margin. This is due to the location, the property condition and the renovation work that was done. The property is currently generating a monthly rental income of £775. This is a great return for our clients, who are very satisfied with the outcome of the project.

Our team is dedicated to finding great investment opportunities for our clients, and this property is a prime example of our ability to identify and secure off-market properties that have the potential to generate significant returns. We are excited to continue to provide our clients with such great opportunities in the future.