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Block of Flats · 7 units · 7 bedrooms · 7 bathrooms
Figures provided by the sourcer · listed 21 Oct 2026
What you would need in the bank to complete, depending on how you buy.
An estimate from typical costs, not a quote, an offer of finance or financial advice. Purchase tax is at the rates for an additional property where the postcode area is, as at October 2026; a lender may lend less than shown. Check the figures with your broker and solicitor before you commit.
SEVEN-UNIT BUY-AND-HOLD OPPORTUNITY
A residential investment package across two buildings, combining five occupied flats with two refurbished, vacant one-bedroom flats. The occupied building comprises two one-bedroom flats and three studios. Existing rental income with scope to increase returns through letting the vacant flats and reviewing the occupied rents.
Purchase price: £425,000
Projected rent: £4,000 pcm / £48,000 pa
Projected gross yield: 11.29%
Projected net cash flow: £2,071.88 pcm / £24,862.50 pa
Projected annual return on cash employed (ROCE): 16.37%
Total initial cash employed: £151,875
RENTAL INCOME AND UPLIFT
Current income from five occupied flats: £2,495 pcm / £29,940 pa.
Letting the two refurbished flats at £600 and £625 pcm gives projected combined income of £3,720 pcm / £44,640 pa, with occupied rents unchanged: 10.50% gross yield.
Increasing occupied rents to £2,775 pcm brings total projected income to £4,000 pcm / £48,000 pa: 11.29% gross yield. Projected rents are based on the seller's estimates.
CASH INVESTED — INCLUDING PURCHASE COSTS
25% deposit: £106,250
Purchase-tax allowance: £10,750
RBP sourcing fee, 2%: £8,500 (no VAT)
Mortgage arrangement fee: £6,375
Legal, searches, survey and broker allowance: £7,000
Initial letting/setup allowance: £3,000
Retained cash reserve: £10,000
TOTAL: £151,875
HOW THE RETURN IS CALCULATED
£48,000 projected annual rent less £7,200 operating allowance and £15,937.50 mortgage interest = £24,862.50 annual net cash flow before tax.
£24,862.50 ÷ £151,875 total cash employed = 16.37% annual ROCE.
Finance assumptions: 75% LTV (£318,750), 5% interest-only and a 2% arrangement fee. Operating allowance: 15% of rent for routine management, maintenance, voids, insurance and communal/lease costs. Purchase-tax allowance assumes one qualifying seven-dwelling acquisition at non-residential rates. The £10,000 reserve is included in cash employed. Returns model routine operations before tax and exceptional capital works.
Full property details and financial breakdown available following NDA and agreed sourcing terms. Enquire to explore the opportunity.
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