RESIDENTIAL
Buy To Let: 2 Bedroom Apartment
Purchase price: £95,000
WHY INVEST IN THIS PROPERTY
- 2 bedroom apartment
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The property is well-kept with no pets
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Standard construction
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2nd floor
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Leasehold: 110 years left on the lease
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Tenanted: the tenant has been renting for 8 months. The tenancy contract is for 12 months
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Tenant has no arrears
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Ground rent: £400 p/a
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Service charge: £1,350 p/a
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Due to tenant in situ we haven't estimated any refurbishment costs at present.
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Enclosed gated parking
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Property not suitable for Serviced Accommodation
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Approximately 476.1 sqft
THE NUMBERS
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Purchase Price: £95,000
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Deposit: £23,750
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Stamp Duty: £3,800
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Sourcing Fee: £3,000 + VAT
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Total cost: £30,550
Market Rental Value
- Current Rental Value: £650 pcm
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Current Rental Value per Annum: £7,800
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Market Rent Achievable: £700 pcm
HMO: 6 Bedroom Terrace House
Purchase price: £395,000
WHY INVEST IN THIS PROPERTY
- 6 Bedroom Terrace House
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HAS a HMO licence
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Freehold
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Standard Construction
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Tenanted
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All Tenants on 6 month ast, 3 are on rolling contracts.
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On-Street Parking Available
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Includes all furnishings & white goods
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Fully Tenanted with young working professionals
THE NUMBERS
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Purchase Price: £395,000
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Deposit: £118,500
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Stamp Duty: £9,750
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Sourcing Fee: £5,000 + VAT
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Market Value: £420,000
Market Rental Value
- Current Rental Value: £3,305 PCM
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Current Rental Value per Annum: £39,660
The potential rental income displayed on this website has been prepared for information purposes only by Redmayne Smith and should not be relied upon as a basis of any contract or commitment. Information contained herein is believed to be correct but cannot be guaranteed. No personal recommendation is being made to you and the past is not necessarily a guide to the future. Purchasers are required to conduct their own due diligence and make their own judgement on the property being offered. Purchasers must verify the property particulars and any speculative information offered. Purchasers are encouraged to perform their own financial and legal assessment of any opportunity prior to making any commitment to participate. In case of queries or doubt you should consult an independent investment adviser.
Buy to Let: Block of 4 Apartments
Purchase price: £298,000
WHY INVEST IN THIS PROPERTY
THE NUMBERS
- Purchase Price: £298,000
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Deposit: £74,500
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Legals & Stamp Duty: £11,920
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Sourcing Fee: £8,000 + vat
Market Rental Value
- Achievable rent pcm: Apartment 1, 2, 3 & 4 - £700 (Including bills)
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Achievable rent per year: £33,600
The potential rental income displayed on this website has been prepared for information purposes only by Redmayne Smith and should not be relied upon as a basis of any contract or commitment. Information contained herein is believed to be correct but cannot be guaranteed. No personal recommendation is being made to you and the past is not necessarily a guide to the future. Purchasers are required to conduct their own due diligence and make their own judgement on the property being offered. Purchasers must verify the property particulars and any speculative information offered. Purchasers are encouraged to perform their own financial and legal assessment of any opportunity prior to making any commitment to participate. In case of queries or doubt you should consult an independent investment adviser.
Buy to Let: Built ready to go: 1 Bedroom Apartment
Purchase price: £219,995
WHY INVEST IN THIS PROPERTY
- 1 bedroom apartment
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Standard Construction
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Leasehold 125 years
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Located on 4th floor
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Untenanted
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The property can be bought with mortgage – buyers own mortgage provider
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Service charge: £1000 per annum
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Ground rent: 0.1%
THE NUMBERS
- Purchase Price: £219,995
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Reservation Fee – 10% reservation and £900 legals, 15-20% on exchange within 28 days
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Sourcing fee: £3,000 + VAT
Market Rental Value
- Market Rental Value: £950 pcm
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Market Rental Value Per Annum: £11,400
The potential rental income displayed on this website has been prepared for information purposes only by Redmayne Smith and should not be relied upon as a basis of any contract or commitment. Information contained herein is believed to be correct but cannot be guaranteed. No personal recommendation is being made to you and the past is not necessarily a guide to the future. Purchasers are required to conduct their own due diligence and make their own judgement on the property being offered. Purchasers must verify the property particulars and any speculative information offered. Purchasers are encouraged to perform their own financial and legal assessment of any opportunity prior to making any commitment to participate. In case of queries or doubt you should consult an independent investment adviser.
Buy to Let: 1 Bedroom Apartment
Purchase price: £67,500
WHY INVEST IN THIS PROPERTY
- 1 bedroom apartment
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2 Reception Rooms (one of which currently contains a bed)
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Ground floor
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Freehold
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Standard construction
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Street parking available
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Tenanted
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No arrears
THE NUMBERS
- Tenanted
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Purchase Price: £67,500
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25% deposit: £16,875
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Legals & stamp duty: £2,700
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Sourcing fee: £3,000 + VAT
Current Rental Value Achieved
- Current rental value achieved: £425 pcm
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Current rental value achieved per annum: £5,100
The potential rental income displayed on this website has been prepared for information purposes only by Redmayne Smith and should not be relied upon as a basis of any contract or commitment. Information contained herein is believed to be correct but cannot be guaranteed. No personal recommendation is being made to you and the past is not necessarily a guide to the future. Purchasers are required to conduct their own due diligence and make their own judgement on the property being offered. Purchasers must verify the property particulars and any speculative information offered. Purchasers are encouraged to perform their own financial and legal assessment of any opportunity prior to making any commitment to participate. In case of queries or doubt you should consult an independent investment adviser.
Buy to Let: 2 Bedroom Apartment
Purchase price: £57,000
WHY INVEST IN THIS PROPERTY
- 2 bedroom apartment
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Ground Floor
- Standard construction
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Leasehold (199 years)
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Untenanted
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2 parking spaces reserved for the block of apartments, as well as street parking outside the property
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Property suitable for Serviced Accommodation
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Estimated refurbishment cost: £2,500 (painting, change of kitchen cupboards and possible changing of the wet room to a bathroom)
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Approximately 345.1 sqft
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Ground Rent: £125 p/a (Will be revised in 5 years)
THE NUMBERS
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Purchase Price: £57,000
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25% deposit: £14,250
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Legals & stamp duty: £2,280
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Sourcing fee: £3,000 + VAT
- Value after refurbishment: £60,000
Achievable Market Rental Value
- Achievable market rental value: £ 500 PCM
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Achievable market rental value per annum: £6,000
The potential rental income displayed on this website has been prepared for information purposes only by Redmayne Smith and should not be relied upon as a basis of any contract or commitment. Information contained herein is believed to be correct but cannot be guaranteed. No personal recommendation is being made to you and the past is not necessarily a guide to the future. Purchasers are required to conduct their own due diligence and make their own judgement on the property being offered. Purchasers must verify the property particulars and any speculative information offered. Purchasers are encouraged to perform their own financial and legal assessment of any opportunity prior to making any commitment to participate. In case of queries or doubt you should consult an independent investment adviser.
Buy to Let: 2 Bedroom Apartment
Purchase price: £122,500
WHY INVEST IN THIS PROPERTY
THE NUMBERS
- Purchase Price: £122,500
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Deposit: £30,625
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Legals & Stamp Duty: £4,900
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Sourcing Fee: £3,000 + VAT
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Reservation Free: £1,000 + VAT
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Total spend: £39,995
Achievable Market Rental Value
- Achievable Market Rent: £700 PCM
The potential rental income displayed on this website has been prepared for information purposes only by Redmayne Smith and should not be relied upon as a basis of any contract or commitment. Information contained herein is believed to be correct but cannot be guaranteed. No personal recommendation is being made to you and the past is not necessarily a guide to the future. Purchasers are required to conduct their own due diligence and make their own judgement on the property being offered. Purchasers must verify the property particulars and any speculative information offered. Purchasers are encouraged to perform their own financial and legal assessment of any opportunity prior to making any commitment to participate. In case of queries or doubt you should consult an independent investment adviser.
The potential rental income displayed on this website has been prepared for information purposes only by Redmayne Smith and should not be relied upon as a basis of any contract or commitment. Information contained herein is believed to be correct but cannot be guaranteed. No personal recommendation is being made to you and the past is not necessarily a guide to the future. Purchasers are required to conduct their own due diligence and make their own judgement on the property being offered. Purchasers must verify the property particulars and any speculative information offered. Purchasers are encouraged to perform their own financial and legal assessment of any opportunity prior to making any commitment to participate. In case of queries or doubt you should consult an independent investment adviser.
