North West Apartments Brochure 281009

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Wigan Apartments In terms of securing the future for you and your family, property has become a staple of all investor’s portfolios” North West Apartments Contents 1. Structure of Deal 2. Financial Details 3. Due Diligence 4. Location 5. Neighbourhood Profile 6. Fees & Buying Process 7. Buy to Let Mortgage Rates 8. Terms & Conditions Structure of deal: Property Type: 1 Bedroom duplex apartment Accommodation compromises of: Ground Level – Hall, Living room, kitchen. 1st Level – Bedroom, Bath
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  Wigan Apartments In terms of securing thefuture for you and yourfamily, property hasbecome a staple of all investor’s portfolios”     North West Apartments    Contents 1. Structure of Deal2. Financial Details3. Due Diligence4. Location5. Neighbourhood Profile6. Fees & Buying Process7. Buy to Let Mortgage Rates8. Terms & Conditions  Structure of deal:Property Type: 1 Bedroom duplex apartment   Accommodation compromises of: Ground Level  – Hall, Living room, kitchen.1 st Level  – Bedroom, Bathroom Market value £67,000 (based on a current RICS valuation)Investor price £50,250Discount from market value 25%Purchase price on contract will be full Market Value priceEstimated rent 350 pmRental yield of 8.35%75% LTV Mortgage available subject to status25% deposit provided through bridging facilityInvestor to use recommended solicitorLettings and management service available Structure of deal:Property Type: 2 Bedroom apartment Accommodation compromises of: Hall, Lounge/kitchen, Bedroom 1, Bedroom 2 and Bathroom Market value £75,000 (based on a current RICS valuation)Investor price £56,250Discount from market value 25%Purchase price on contract will be full Market Value priceEstimated rent 400 pmRental yield of 8.53%75% LTV Mortgage available subject to status25% deposit provided through bridging facilityInvestor to use recommended solicitorLettings and management service available    Financial details: 1 bed (8 available) Based on BM Solutions 75% LTV 4.7% interest rate 2 year tracker  other mortgage products are available Loan amount of £51,506 (including 2.5% arrangement fee)  Monthly payments based on 4.7% interest rate of £201Rental income of £350 pmPotential cash positive rental income of £149 pm Financial details: 2 bed (4 available) Based on BM Solutions 75% LTV 4.7% interest rate 2 year tracker other mortgage products are available Loan amount of £57,656 (including 2.5% arrangement fee)  Monthly payments based on 4.7% interest rate of £225 pmRental income of £400 pmPotential cash positive rental income of £175 pm 5 year profit based on 5% market capital growth and rental income: Rental: £10,500 Projected 5 year value: £95,720 Price paid: £57,656 (plus purchase costs) 5 year profit: Capital growth+rental profit = £45,119.75 (approx) Turn your investment into £45,000 in 5 years..!*Return on Investment = massive..! *Guideline for illustration only, profits will vary
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