Professional Documents
Culture Documents
A 4 bed well maintained Victorian terraced house. Property consists of 4 double bedrooms, family
bathroom & fitted kitchen. The property has gardens to the front & yard to rear. There is on‐street
parking to the front.
• MORTGAGE DEPOSIT PAID FOR YOU‐ NO CAPITAL INVESTMENT REQUIRED
• ALL PURCHASING COSTS PAID FOR YOU OR REFUNDED ON COMPLETION
• UP TO £9,000 CASH BACK ON COMPLETION
• £429.36 PER MONTH POSITIVE CASHFLOW (DIFFERENCE BETWEEN RENT AND MORTGAGE)
• FULLY MANAGED‐ NO HEADACHES (FROM 8% PER MONTH)
• RENTS GUARANTEED‐ INSURANCE BACKED SCHEME (FOR A SMALL CHARGE)
• £97,500 EQUITY IN THE PROPERTY‐ AS SOON AS YOU COMPLETE THE PURCHASE
• VERY LOW UP FRONT COSTS‐ ALL OF WHICH ARE REFUNDED ARE COMPETION
• STAMP DUTY PAID FOR YOU
UP TO £139,200 TOTAL BENEFITS TO THE BUYER INSTANTLY!*
TH
HE FIGURES
We havee set out the figures and ffinancials for this specific property in tthe table bellow. They can n be
used as a guide for making your assessment of this property as an in
nvestment. Whilst
W we cannnot
guaranteee their accuracy, we do take care in preparing th
hem and ourr extensive knowledge
k in the
industry places us in aan excellent p
position to assess such figu ures on behallf of our clients.
Purchasse Value £650,000
Depositt Paid 15%
Mortgagge Amount £552,500
Interestt Rate 4.24
Monthlyy Payment £2,070.64
Stamp D Duty Paid £26,000.00
Legal Fe
ees Paid £1,500.00
Valuatioon Fee Refun nded £350.00
Mortgagge Fees Paid £4,875.00
Monthlyy Rent £2,500.00
Cash Floow £429.36
Cash Baack £9,000.00
Equity £97,500
Total Beenefits £139,225
Profit froom this Prope
erty
If you reffer to the graaph below yoou will see thaat the averagge price of a fflat in Londonn N8 in 2000 was
£247,000 0. When that figure is com mpared to thee 2010 averagge of £702,00 00 you can see there has b been
an increaase in value o
of £455,000 or 284% over tthe ten year p period. Bear iin mind that o over the ten yyear
period the property will be payiing you a reental income (which increeases over time in line with
w
inflation)) and that youu are already beating the m market by bu
uying below value.
The
e BIG Picture
• Y are buyin
You ng over 20% below value,, when you compound
c th
hat with the projected inccrease
o
over 10 years,, your increasse rises to 356
6% (35.6% EV VERY YEAR)!
• Y will be generating
You g an
n income eveery month. Over
O ten yearrs that’s an additional
a £5
51,500
f
from your inv estment bringing the total profit over tthe period to 381% (38.1% % EVERY YEAR R)
• S
So this propeerty should, inn ten years ttime, be wortth nearly £2,475,000 tow wards your pe ension
p
pot, as well as providing aa good income going forwaard.
Comparable Propertties (Data from Land Regisstry)
•
MARKETT COMPAR
RABLES
I Want It!! What Do I D Do Next?
Ask your appointed representative orr agent for a “Mortgage Fact F Find Forrm” they will send it to yo
ou straight
away. Time is very impo
ortant, so oncce you have decided that you definiteely want the property and d you have
been given the form, filll it in and return it as qu
uickly as you can. Along with
w the form m you will alsso need to
provide a co
opy of your credit reporrt. This takess five minutees online for free at www w.creditexpert.co.uk or
www.equifax.co.uk . Oncce you have returned thee report and form we will be able to get you acceepted for a
mortgage th hough one of f our approveed brokers. Iff your applicaation is succeessful you will be required d to pay an
administration fee of £49 95 and if appllicable, pay a fee for the vvaluation of the property tto the mortgaage lender.
DON’T WOR RRY, AS MEN NTIONED IN THE BROCH HURE ALREAD DY, THESE CO OSTS ARE REFUNDED TO O YOU ON
COMPLETION OF THE PU URCHASE. You u may be askeed to providee some docum mentation to ssupport your mortgage.
If so you mu ust do that immmediately (ttime is alwayys a factor). A After that thee work is han nded over to us and the
lawyers and about three weeks down n the line, you u get your ke eys and YOUR CASH and sstart making some real
money for th he future.