Landlord Voice Magazine February 2016 - Leeds

IN NUM BERS A CLOSER LOOK AT LEEDS PROPERTY MARKET LEEDS Housing Tenure Owner-occupied Part owned, part-rented Social rented Other social rented Private rented Living rent free LEEDS BY Property types 14 | LandlordVoice | February 2016 Percentage Average Price Flats 21% £127,901.00 Terraced 16% £128,820.00 Semi-detached 28% £155,362.00 Detached 35% £326,452.00 LEEDS Average Rents £512.00 per calendar Month £674.00 per calendar Month £789.00 per calendar Month Rental yield projection for a two-bedroom Leeds property interest only buyto-let mortgage. Avg price = £131,819 Amount borrowed = £96,615 Avg income = £674 pcm Annual income = £8088 Monthly interest = £206 Yearly interest = £2472 £1019.00 per calendar Month Profit = £7068 £1321.00 per calendar Month Yield = 5.8% *Based on RBS deal with 25% deposit at 3.9% APR Statistics quoted were taken from the Office of National Statistics and www.home.co.uk before expenses and mortgage tax relief February 2016 | LandlordVoice | 15

Landlord Voice Magazine February 2016 - Leeds | Página 14