Mark I’Anson Property Ltd

2 Bed Apartment, Glasgow

Packaged Property Deals, “Leaving you time for more important things.”

Mark I'Anson Property

t: 08456 434 595

e: info@markianson.com

w: www.markianson.com

a: Towcester, Northants

blog: http://markiansonproperty.blogspot.com/

facebook page: http://profile.to/markiansonproperty

Mark I’Anson Property Ltd

18/12/2009
Company No. 6904652 VAT Reg. No. 972 0307 35
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2 bed Apartment – Eriboll Street, Glasgow, G22 6NZ

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
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Summary of Property

Eriboll Street, Glasgow, G22 6NZ

Property Type: 2 Bedroom Apartment

Accommodation compromises of:

Hall, Lounge, Kitchen, Bedroom 1, Bedroom 2, and Bathroom

Structure of deal:
 Market value £64,000
 Investor price £48,000
 Discount from market value 25%
 Purchase price on contract will be full Market Value price
 Estimated rent £400pm
 Rental yield of 9.54%
 75% LTV Mortgage available subject to status
 25% deposit provided through bridging facility
 Arrangement fee of £2,995+vat payable to include legals, valuation, structured finance
 Reservation of £1,000+vat required to secure purchase
 Investor to use recommended solicitor
 Lettings and management service available

Financial details:
Based on BM Solutions 75% LTV 4.70% interest rate. 2 year tracker

 Loan amount of £49,440 (including 3.0% arrangement fee)

 Monthly payments based on 4.70% interest rate of £194
 Rental income of £400 pm
 Cash positive rental income of £206 pm

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
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Rental Comparables

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
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Market Data for Glasgow – G32

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
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Neighbourhood Profile
Often, many of the people who live in this sort of postcode will be families and single parents living in council
flats. These are known as type 52 in the ACORN classification and 0.86% of the UK's population live in this
type.

In addition to Glasgow, neighbourhoods fitting this profile are found in West Dunbartonshire, Dundee,
Aberdeen and Edinburgh.

This type is really only found in significant numbers in Scotland and, in particular, Glasgow.

The vast majority of people live in purpose built flats, including traditional Scottish tenements. They are small
one or two bedroom properties, and will be almost exclusively rented from the council or housing
associations.

The population is young and there are many school age children with young parents. The level of single
parents is one of the highest in the country at 21%. With such young families, many women are fully occupied
looking after their children. Unemployment levels are high, with many long-term unemployed. Those that are
working are in routine factory, manual or retail occupations, and overall income levels are amongst the lowest
in the country. They have to consider their budgets when shopping for food, and retailers such as Aldi and
Kwik Save are where they choose to go. They also buy a lot of mail order goods from the traditional catalogue
companies, so that they can spread their payments.

With the limited money they are likely to have left, they will occasionally relax by going to the pub or a
nightclub for a drink, going to bingo or placing a bet. Their most popular paper is the Scottish Daily Record,
followed by The Sun and News of the World.

TV is important to many and cable TV is popular. Otherwise, for many, their interest in their local football
team is one of the things that matters most to them.

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
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Finance:
 We have Mortgage Brokers and solicitors in place.
 Once you have DIP we will instruct valuation to be carried out.
 No hidden costs (stamp duty is NOT included in the purchase costs)
 The amount of £3,995+vat includes all fees, legals, structured financing, deposit, valuation and broker
fees.

Summary:
 Total cost to investor £3,995+vat
 To avoid missing out reserve quickly.

The Opportunity
25% BRV (below RICS Valuation)
 This means that whatever the valuation comes in at you will receive a 25% discount off that valuation.

Investment Features
 25% off the RICS valuation.
 Excellent cash flow.
 An excellent portfolio of properties in areas where renting is the norm.
 Rental Management Company in place to manage the properties.
 Completion within approx 4-8 weeks
 Fully managed completion service

Fees and buying Process

 The purchase process is as follows:
 Investor agrees to purchase
 Professional fees invoiced by Mark I’Anson Property Ltd. cc Agent
 Professional fees paid by investor (bank transfer), reservation form signed & returned by post
 Investor contacted by mortgage broker to achieve ‘decision in principle’ from the lending bank
 Mortgage forms returned by investor
 Once successful, solicitors notified and contact investor
 Surveyors instructed to carry out valuation
 Investors solicitors work towards exchange and completion

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
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Mark I’Anson Property Ltd Terms and Conditions Policy

1 Definitions
The following definitions will apply to terms used throughout this document unless the context in which a term is used implies a meaning that is different to the
definition provided.

Mark I’Anson Property Ltd Mark I’Anson Property Ltd, affiliates, officers, employees, agents, contractors, successors and assigns.

Reservation Request An application made by or on behalf of a company, entity, group or individual to purchase a property offered by
Mark I’Anson Property Ltd.

Reservation A prior right of purchase granted to a company, entity, group or individual of a property offered by Mark I’Anson
Property Ltd

Purchaser The company, entity, group or individual purchasing a property offered by Mark I’Anson Property Ltd.

Administration Fee A fee payable by the Purchaser due in respect of the anticipated purchase of a property offered by Mark I’Anson
Property Ltd

Reservation Fee A fee payable immediately by the Purchaser in order to secure a Reservation.

Assessment Period A period of five full working days from the date a Reservation fee has been paid by the Purchaser.

2 General Terms and Conditions

The Purchaser must have read and understood the Reservation Form and read, understood and agreed to both the disclaimer and t he terms and conditions of
the Reservation Form before conducting any business with Mark I’Anson Property Ltd. If you are unsure about any terms, please e-mail Mark I’Anson Property
Ltd for further clarification.

By completing a Reservation Request and paying a Reservation Deposit, it will be implied that you are agreeing to the terms a nd conditions outlined in the
Reservation Agreement.

Most of the deals offered by Mark I’Anson Property Ltd are subject to adherence with a strict payment and contractual schedule. Failure to comply with the
terms of the stipulated schedule will invalidate the deal and lead to loss of monies paid. Therefore, please do not proceed with any deal or pay any monies out
unless you are in a position to comply with the stipulated schedule.
Mark I’Anson Property Ltd can accept payment via bank transfer, credit card, debit card or cheque. Mark I’Anson Property Ltd is unable to accept payment by
cash or bankers draft.

3 Reservation Procedure
Reservation of a property grants to the Purchaser a prior right of purchase over that property. To reserve a property, the Purchaser must pay a Reservation Fee,
which consists of two elements. The amount is stated on all property details and is variable by property. The first element is non refunda ble but is credited
towards the purchase of the property. The second element is refundable should the vendor withdraw from the sale.
The Purchaser must be ready to complete within 28 days of the Reservation being confirmed unless stated or agreed otherwise. A Reservation is not confirmed
until the Purchaser has been notified in writing by Mark I’Anson Property Ltd and the agreed Reservation and Administration Fees have been paid by the
Purchaser.

The Purchaser will be notified of the full address of the property only when the agreed Reservation and Administration Fees have been received by Mark
I’Anson Property Ltd. Upon receipt of the agreed Reservation and Administration Fees the Purchaser will be granted an Assessment Period of five working days
during which time the Purchaser may complete any due diligence and must be satisfied that the property is sufficient and appropriate for purpose. If the
Purchaser wishes to withdraw from the purchase during the Assessment Period, the Purchaser must notify Mark I’Anson Property Ltd in writing immediately.
The agreed Reservation and Administration Fees (less the secondary element of the Reservation Fee of £500) will be refunded in this event. Following the
Assessment Period, if the Purchaser chooses to withdraw from the purchase no refund will be given.
MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
 www.markianson.com Page | 9

The Administration Fee is non refundable except where the vendor withdraws the property from sale or the property does not value at the agreed purchase
price and the purchaser decides not to proceed to completion because of either of those reasons.
No interest shall accrue to the Purchaser in the event of a refund of the Administration Fee.

Mark I’Anson Property Ltd does not accept responsibility for any expenses or losses incurred by the purchaser in any event including if the property fails to
achieve a valuation sufficient to that given in the promotion. Expenses and losses include but are not limited to valuation fees, broker fees, legal fees and
research fees.
The purchaser is responsible for performing his/her own due diligence in order to determine the property’s value and suitabil ity before accepting the deal and is
given five working days for this purpose.
Unless stated or agreed otherwise, it is a condition of the Reservation that the Purchaser completes the purchase using a solicitor and/or a mortgage advisor
nominated or approved by Mark I’Anson Property Ltd. If the purchaser uses his own solicitor, the purchaser agrees to give Mark I’Anson Property Ltd full
contact details of the solicitor, agrees to inform Mark I’Anson Property Ltd if the solicitor is changed at any time during the transaction, and in the case of gold
and Platinum members will authorise the solicitor to pay Mark I’Anson Property Ltd that proportion of the Administration Fee due, directly at completion.

If a situation occurs where more than one applicant requests to reserve the same property, the property will be allocated to a single Purchaser at the discretion
of Mark I’Anson Property Ltd. The decision to allocate a property to a particular Purchaser will be based on the merit of each applicant’s request and perceived
likelihood that the purchase will continue to completion. Mark I’Anson Property Ltd will notify unsuccessful applicants either in writing (electronic or otherwise)
or by telephone. The decision of Mark I’Anson Property Ltd is final.

4 Disclosure of Information
Each party acknowledges and agrees that any information relating to the other party's business which is not generally known to the public is confidential and
proprietary information.

The Purchaser agrees not to disclose the details of the seller, the property, or the property builder to third parties without prior written agreement from Mark
I’Anson Property Ltd.
The Purchaser agrees not to disclose the details of the property sourcing company to third parties without prior written agreement from Mark I’Anson Property
Ltd, or to use the services of the property sourcing company again without the engagement of Mark I’Anson Property Ltd.

5 Disclaimer
I Mark I’Anson Property Ltd is neither a licensed investment advisor nor a licensed estate agent. Mark I’Anson Property Ltd is not authorised by the Financial
Services Authority to provide investment or financial advice.

II The information on the website an in any other materials presented by Mark I’Anson Property Ltd is neither intended to be, nor should be construed as, an
invitation or inducement (direct or indirect) to any person to engage in investment activities.
III Every reasonable effort has been made by Mark I’Anson Property Ltd to ensure the accuracy of the information displayed on this website and in any other
materials presented by Mark I’Anson Property Ltd. Whilst believed to be accurate, the information provided is for guidance only. Mark I’Anson Property
Ltd makes no representation and gives no warranties as to the accuracy of the information provided and accepts no liability for any errors, misprints or
omissions (whether negligent or otherwise).
IV The Purchaser should not rely on the information or representations of fact, but must satisfy himself through his solicitor and by physical inspection of the
property (or site) in question or otherwise as to their accuracy.
V No person in the employ of Mark I’Anson Property Ltd has the authority to make or give any representation or warranty in relation to the investments.
Mark I’Anson Property Ltd shall not be liable for any loss or damage whatsoever arising as a result of any person acting or failing to act upon information
provided.
VI Mark I’Anson Property Ltd displays information about properties on behalf of third-parties for whom Mark I’Anson Property Ltd is either an agent or
representative, and is therefore not responsible for the validity of the details relating to properties shown.

VII Any areas, measurements or distances are approximate only. Any text, photographs and plans are for guidance only and are not necessarily
comprehensive.

VIII It should not be assumed that each property has all necessary planning, building regulations or other consents.
IX For all properties, it should not be assumed that Mark I’Anson Property Ltd has tested any services, equipment or facilities, and the Purchaser must satisfy
himself by inspection or otherwise.

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
 www.markianson.com Page | 10

X All off-plan particulars are prepared from preliminary plans and specifications before the completion of each property and are intended only as a guide.
These may be changed during construction and final finishes could vary. The Purchaser should not rely on this information and wherever possible, should
instruct a solicitor to check the plans and specifications before exchanging contracts.

XI Mark I’Anson Property Ltd is not responsible for future changes in the market or market conditions. Past performance is not a guide to future
performance. The value of the property can go up as well as down.

XII Mortgage applications are subject to individual status. Guarantees cannot be made that any particular applicant will obtain a mortgage on the investments
or the value of the mortgage they will be able to obtain.
XIII Guarantees cannot be made on the resale of any of the properties.

6 Governing Law
This Agreement shall be governed by and construed in accordance with the substantive laws of the UK and the European Union.

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.