|
Key selling points
- Invest for under £4900
- Guaranteed tenants
- One of best value areas in the UK
- Prices from just £38,000
All in costs are just £4750! This will include your deposit, finder's fee and legal costs! This equates to around a 12% discount.
This is exactly the type of deal to target just now - unfortunately it does not come along too often!
What is likely return on investment?
Well firstly these prices are about as good value as you will see anywhere in the country - so prices should see well above average growth over the next 5 years.
Well let's imagine prices go up 5% each year for the next 5 years.
Let's look at the one beds.
2008 Value £45,675
2009 Potential Value £47,958
2010 Potential Value £50,356
2011 Potential Value £52,874
2012 Potential Value £55,518
2013 Potential Value £58,294
So your £4750 overall costs would be worth just under £20,000 in 5 years time (£58,294 - £38,824 mortgage)
Not a bad return! Over 400% return over the 5 years, assuming a neutral cashflow. Now cashflow currently may be pretty neutral but in 2 years time when come to refinance I would fully expect borrowing costs to have dropped by around 20%. This will most likely trigger a rise in prices again - so the smart way is to buy now at discounted prices, holding until finance improves, which will improve your cashflow and return on investment even further!
We only have 24 in total - and we expect these to go very quickly, before making it onto a newsletter - the team here have already reserved 4 of them! If keen to get full information - please make an enquiry as soon as possible!
| 
Site
Services: