Description

This mid terrace 4 bed property is in an excellent condition and requires very little to get it rented out. At an estimated £3,000 for the remaining works and an acquisition cost of £87,000 the total outlay is £90,000.

We have managed to secure a net income of £700 per month on this property over a 5 year period as a government backed asylum seeker property investment. The total income per year is £8,400 giving a 9.33% net yield against cash invested.

The property briefly comprises; entrance hall; spacious modern lounge / large dining room, a modern fully fitted kitchen with oven and hob and a Combi Boiler giving instant hot water when required; three double bedrooms and bathroom/w.c. combined. The property is fully UPVC double glazed throughout and has the benefit of gas central heating.

As an aside, properties in this area which are in reasonable to good condition are being marketed for £95,000 plus , meaning the client has an option of exiting the investment with a good uplift in value.

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What to do next?

Interested? If you are a current client, please forward your latest proof of funds to your account manager with this property detailed in the message. if you are looking to come on board as a new client, then call us on 020 3603 8903 or send us an email for more information.