Project

Langley Walk, Birmingham City Centre, B15, UK

  • 2 bed apartment bought in 2015 for £160,000 with 25% deposit (75% LTV)
  • Located in Birmingham City Centre with added bonus of off-street parking (rare in city centre)
  • Let to professional couple at £1195 PCM
  • Interest only mortgage £285 PCM
  • Net profit after costs £655PCM
  • In the process of remortgaging at £220,000
  • Planning to release enough equity so there is no money left in (infinite ROI)