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Investment Highlights
Current Market Value: £99,950
Investor Price: £74,963
Discount:25%
Mortgage: just £286.52
Rental: £475 pcm
Cash Positive: £188.48 pcm
Packaging fee: £4,995+ vat
Property Overview
3 bedroom terraced property. In brief the property comprises of entrance hall,
lounge, kitchen and utility room. To the first floor of the property comprises of
landing, three bedrooms and family bathroom.
Property Information
Number of Bedrooms 3
Are there any commercial units below? If yes what type? n/a
If Gas Central Heating – What type of Boiler? How old is the boiler? Unknown
75% of residents live in purpose built flats, mostly rented from the local authority.
Flats are small, usually one or two bedrooms, and many are in tower blocks.
Unemployment is the highest of any ACORN type at two and a half times the
national rate. Long-term illness is also very high. Those in work are likely to be
employed in shops and in manual and factory jobs. This reflects the generally low
levels of qualifications in this type.
Incomes are low and people have very low levels of savings. Car ownership is
understandably low as well, with most people dependent on public transport and
walking.
Horse racing, football, bingo and listening to music are popular leisure interests.
The Daily Record, The Sun and News of the World are popular newspapers.
Due Diligence
Sales Comparables
Properties within a 1 mile radius of this property.
Source: Rightmove
3 bed semi
Ena Avenue
£99,950
3 bed semi
Carlton Road
£99,950
3 bed semi
Hendon Rise
£99,950
Due Diligence
Rental Comparables
Properties within a 1 mile radius of this property.
Source: Rightmove
3 bed terrace
Seinton Boulevard
£495 pcm
3 bed House
Eland Street
£475 pcm
Deal Structure
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to date and complete information, we make no warranties or representations as to the accuracy, reliability or completeness or
otherwise of the information and assume no responsibility or liability for any omissions or errors. As such, all information provided
by Mark I’Anson Property should be only be regarded as an indicator and a general guide and should not be relied on as a
statement, recommendation or representation of fact. Any interested parties are advised to satisfy themselves as to the accuracy
on any information they receive by carrying out independent assessments or otherwise before making any commitment to
participate. Mark I’Anson Property have no control over the Banks or financial institutions that arrange lending and terms and
conditions can change at any time. International Property Success cannot be held responsible for any such changes. If the property
is down valued, MIP will do their upmost to re-negotiate the deal, however this is not always possible and in this case you would
lose your valuation fee.