276 Cashflow - 22,500 Instant Equity 25% Discount

3 Bedroom Terraced House

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

201,903 Gross Profit

Cumnock, East Ayrshire

Financial Details
Accommodation: Main Street, Auchinleck, Cumnock, East Ayrshire, KA18
Hall, Lounge, Kitchen, 3 Bedroom, Bathroom, Good Condition, needs damp proof course priced at 680

Structure of deal:
Investor price 67,500 Current rent 500 per month Monthly payments 224 Investment required 3,995 Legals included Rental profit 276 per month Valuation 90,000

Financial details:
Investment required is 3,995
Profit (gross) example - 201,903 Capital Growth - 135,197 Rental Profit (gross) for term - 66,706 Recommended & experienced solicitors used

Reservation 995

Executive Summary
Purchase 67,500 2011
% Increase

% Discount 25% 2013

7%

Initial Value - 2011 90,000

Montly Mortgage 224 2017

7%

Monthly Rent 500

PROFIT in 2023 135,197

Inc Rent 201,903 2023

7%

2012
7%

2014
7%

2015
7%

2016
7%

2018
7%

2019
7%

2020
7%

2021
7%

2022
7%

Future Value - Predicted 90,000 96,300 103,041 110,254 117,972 126,230 135,066 144,520 154,637 165,461 177,044 189,437 202,697

Rental CashFlow - Annual 3,312 3,544 3,792 4,057 4,341 4,645 4,970 5,318 5,691 6,089 6,515 6,971 7,459

Rental CashFlow Cumulative 3,312 6,856 10,648 14,705 19,046 23,692 28,662 33,980 39,671 45,760 52,275 59,247 66,706

The executive summary above has presumed a Retail Price Index (RPI) of 3% (gross) and capital growth at 7% over 12 years of ownership

Learn how to source your own at Property Sourcing 101 Link for the manual is below http://www.eventbrite.com/event/2193567018

The property can be let by our letting partners, Professional Letting if required

Accommodation
A 1900's sandstone, 3 bedroomed, end terrace house in a beautiful part of Auchinlech.
Property exterior - sandstone Gardens - no gardens to the front all been paved same as rear so low maintenance Windows and doors - mixed upvc and wooden double glazing. Hallway - laminated floors with white papered walls and staircase up to upper part of the property.

Living room - laminate wooden flooring with white papered walls and feature fireplace with brick surround.
Kitchen - fully fitted white kitchen with laminate tiled look a like flooring with speckled worktops, with oven and hob in stainless steel. Bedroom 1 - laminate flooring with 2 tone papered walls white upper and purple lower with a large bay window. Bedroom 2 - blue carpets with white artexed walls and storage area with back boiler in it. Bathroom - wooden style lino flooring with green bathroom suite with a mixture of wood and tiled surround, fitted with a power shower. Fully double glazed and gas central heating

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Neighbourhood Profile
Often, many of the people who live in this sort of postcode will be older people living in rented terraces. These are known as type 43 in the ACORN classification and 1.89% of the UK's population live in this type. Neighbourhoods fitting this profile are found predominantly in northern English towns such as Oldham, Salford, Liverpool, Huddersfield and Gateshead, as well as in Belfast and some towns in the south including Basildon. This type of postcode has a high proportion of older people, particularly those over 75, living in rented terraced housing. There are fewer families with young children in these neighbourhoods, although there are some single parents. Single person households are most common and many are pensioners. Most residents live in small terraced houses, with only two or three bedrooms. Some live in flats, mostly low rise purpose built. There is a higher proportion of residents renting compared to the UK as a whole. Many rent from private landlords but local authority and housing association property is also important. There is a high level of re-mortgaging among those who are buying their properties. Those in work tend to be shopworkers or are employed in manual and factory jobs. However, unemployment is 40% above the national average and long term illness 60% higher than the UK as a whole. Car ownership is low and public transport, cycling and walking tend to be the main modes of travel. Incomes are low and there is little scope for savings and investments. Take up of credit cards is low, but some find it hard to manage and levels of debt are above average relative to income. Leisure interests include angling, racing, bingo, watching cable TV, listening to music and going to the pub. Popular newspapers are the Daily Mirror, Daily Star, Daily Sport and The Sun.

Property Training Wealth Creation

3 Bedroom Terraced House

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

276 Cashflow - 22,500 Instant Equity 25% Discount

Profit Warning - 201,903 (gross)