Download - 2 Bed apartment, ML2
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8/3/2019 2 Bed apartment, ML2
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238 Cashflow - 16,250 Equity 25% Discount
2 Bedroom ApartmentPackaged Property Deals, Leaving you time for more important things.
155,164 Gross Profit
Wishaw, ML2
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8/3/2019 2 Bed apartment, ML2
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Accommodation: Abbotsford Road, Wishaw, ML2Hall, Lounge, Kitchen, 2 Bedroom, Bathroom, Good ConditionStructure of deal:
Investor price 48,750
Current rent 400 per monthMonthly payments 162
Investment required 2,995Legals includedRental profit 238 per month
Valuation 65,000
Financial details:Investment required is 2,995
Profit (gross) example - 155,164
Capital Growth - 97,642
Rental Profit (gross) for term - 57,522
Recommended & experienced solicitors used
Reservation 2,995
Financial Details
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Executive Summary
The property can be let by our
letting partners, Professional
Letting if required
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
Purchase % Discount Initial Value - 2011 Montly Mortgage Monthly Rent PROFIT in 2023 Inc R
48,750 25% 65,000 162 400 97,642 155,
11 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 202
rease 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7%
Future Value - Predicted
000 69,550 74,419 79,628 85,202 91,166 97,547 104,376 111,682 119,500 127,865 136,815 146,
Rental CashFlow - Annual
856 3,056 3,270 3,499 3,744 4,006 4,286 4,586 4,907 5,251 5,618 6,011 6,4
Rental CashFlow Cumulative
856 5,912 9,182 12,680 16,424 20,430 24,716 29,302 34,209 39,460 45,078 51,089 57,5
http://www.eventbrite.com/event/2193567018http://www.eventbrite.com/event/2193567018http://www.eventbrite.com/event/2193567018 -
8/3/2019 2 Bed apartment, ML2
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Accommodation
This is a 2 bedroomed lower cottage flat in a quiet location. The property has recently been
completely re-roughcasted and the roof has been overhauled. Externally the property is in excellent
condition and is an attractive and well maintained property.
There is on-street parking and the flat is accessed from the front door located to the side of the
property. There is a private back garden consisting of a sizeable lawn with 2 sheds.
The property benefits from full UPVC double glazing and gas central heating.
Accommodation as follows:
Hallway: maroon patterned carpeting and lilac wallpaper. 2 storage cupboards, one containing
electric meters. Access to all rooms from the hall.
Lounge: green patterned carpeting, cream wallpapered walls. Fitted gas fire with timber surround
and hearth. Large window overlooks the back garden.
Kitchen: terracotta tiled floor, fitted oak finish wall and base units with brown/green marbledlaminate tops, space for appliances, 4 ring gas hob with a single gas oven beneath and a built in
extractor above. Single stainless steel sink. Green wallpaper to walls. White/green marbled tiling to
splashback areas.
Bedroom 1: A double size room with window to front , brown patterned carpeting, orange
wallpaper with brown floral border paper and cream woodchip paper above.
Bedroom 2: A double size room with large window to front, green patterned carpeting, blue painted
woodchip paper to walls and a shelved fitted cupboard.
Bathroom: Green carpet, white wc and whb, large double shower cubicle, white tiling with dolphin
motifs, cream patterned wallpaper and an obscured glazed window to the rear.
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More Photos
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More Photos
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8/3/2019 2 Bed apartment, ML2
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Sales Comparable
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Rental Comparable
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8/3/2019 2 Bed apartment, ML2
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Neighbourhood ProfileOften, many of the people who live in this sort of postcode will be older people living in flats. These
are known as type 36 in the ACORN classification and 2.13% of the UK's population live in this type.
Neighbourhoods fitting this profile are found in seaside towns such as Torbay and Worthing, in the
Isles of Scilly and the Isle of Wight, as well as in the Cotswolds, Argyll and Bute, Harrogate and Bexley
in Outer London.
This type of postcode has a distinctly older profile and is found throughout the UK. There are fewer
children than the national average and more people over 65. One third of households are pensionersin this type. Single pensioner households are very common, with retired couples also present in high
numbers. Housing is mixed but with a higher proportion of low-rise, purpose built and converted flats
than the national average. Many are privately rented, but some are owned outright. Holiday homes are
also common. Educational qualifications tend to be slightly higher than the national average, especially
at degree level. The working population in these areas tends to be in lower and senior managerial and
professional occupations. There is a reasonable levels of car ownership, including company cars, but
there are fewer households with more than one car. Income levels are broadly in line with the national
average, with holdings of investment products (ISAs, unit trusts and stocks and shares) slightly above
average. People are generally comfortably off without having large amounts of spare cash. Leisure
interests include fine art and antiques, self-improvement and education, reading and walking.
Membership of the National Trust is common. The Daily Express, Daily Mail and Daily Telegraph are
likely to be the most popular newspapers.
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8/3/2019 2 Bed apartment, ML2
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Property Training Wealth Creation
2 Bedroom ApartmentPackaged Property Deals, Leaving you time for more important things.
238 Cashflow - 16,250 Equity 25% Discount
Profit Warning - 155,164 (gross)