1 bed apartment - fk2

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  • 8/3/2019 1 Bed Apartment - FK2

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    221 Cashflow - 15,500 Equity 25% Discount

    1 Bed ApartmentPackaged Property Deals, Leaving you time for more important things.

    146,549 Gross Profit

    Falkirk

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    Accommodation: Wallacestone Brae, Reddingmuirhead, Falkirk, FK2Hall, Lounge, Kitchen, 1 Bedroom, Bathroom, Good ConditionStructure of deal:

    Investor price 46,500

    Current rent 375 per monthMonthly payments 154

    Investment required 2,995Legals includedRental profit 221 per month

    Valuation 62,000

    Financial details:Investment required is 2,995

    Profit (gross) example - 146,549

    Capital Growth - 93,136

    Rental Profit (gross) for term - 53,413

    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

    46,500 25% 62,000 154 375 93,136 146,

    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 66,340 70,984 75,953 81,269 86,958 93,045 99,558 106,528 113,984 121,963 130,501 139,

    Rental CashFlow - Annual

    652 2,838 3,036 3,249 3,476 3,720 3,980 4,259 4,557 4,876 5,217 5,582 5,9

    Rental CashFlow Cumulative

    652 5,490 8,526 11,775 15,251 18,971 22,950 27,209 31,766 36,641 41,858 47,440 53,4

    http://www.eventbrite.com/event/2193567018http://www.eventbrite.com/event/2193567018http://www.eventbrite.com/event/2193567018
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    Accommodation

    1 Bed upper flat in good condition and benefiting from off street

    parking, gas central heating and full double glazing.

    Comprises:

    Entrance Hallway: Good sized entrance hall with cream carpet

    and cream painted decor.

    Lounge: Good sized lounge/dining room with feature fireplace.

    Cream decor and cream painted decor.

    Kitchen: Good sized kitchen with ample units. Lino flooring and

    cream decor. Storage cupboard housing combi boiler.

    Bedroom 1: Good sized double bedroom with 2 storage

    cupboards. Cream carpet and neutral cream decor.

    Bathroom: Good sized bathroom with wc, wash hand basin and

    bath. Electric shower over bath. Tiled around bath. Lino flooring.

    Gardens: Garden to the front with tarmac drive with space for 2

    cars. Shrub and bark areas. Gardens to the rear with lawn and

    chipped areas. Buzzer entry system.

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    More Photos

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    Sales Comparable

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    Rental Comparable

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    Neighbourhood Profile

    Often, many of the people who live in this sort of postcode will be low income with routine jobs living

    n terraces and flats. These are known as type 46 in the ACORN classification and 1.4% of the UK's

    population live in this type.

    The biggest concentrations of neighbourhoods fitting this profile are in Scotland. Other places with

    high levels include Nottingham, Harlow, Corby and Norwich.

    These postcodes are often council estates housing young families and singles. Many of the families are

    ingle parent households. Incomes are low. People have few, if any educational qualifications and their

    outine jobs are in shops and factories. Unemployment is high, and, despite the overall youthfulness of

    hese areas, there are a number of people suffering long-term illness. People generally live in terraced

    houses and purpose built low-rise flats. Homes are rented from either the local council or Housing

    Association. They are typically two bedroom and thus quite crowded for the size of household. People

    n this type are on tight budgets and food bills are low relative to the size of the families. However,

    hildren are given the odd fast food treat. Phone bills are much smaller than average, and people make

    use of the finance options of catalogue shopping. A number feel they are likely to require a loan in the

    near future. Betting and the lottery are perceived to offer the chance of more money and a better

    tandard of living. Leisure activities are restricted to low cost activities such as angling, bingo, listeningo music and watching television. There is some uptake of cable TV and digital television.

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    Property Training Wealth Creation

    1 Bedroom ApartmentPackaged Property Deals, Leaving you time for more important things.

    221 Cashflow - 15,500 Equity 25% Discount

    Profit Warning - 146,549 (gross)