3 bed house - ka18
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8/3/2019 3 Bed House - KA18
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£276 Cashflow - £22,500 Instant Equity – 25% Discount
3 Bedroom Terraced HousePackaged Property Deals, “Leaving you time for more important things.”
£201,903 Gross Profit
Cumnock, East Ayrshire
8/3/2019 3 Bed House - KA18
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Accommodation: Main Street, Auchinleck, Cumnock, East Ayrshire, KA18
Hall, Lounge, Kitchen, 3 Bedroom, Bathroom, Good Condition, needs damp
proof course priced at £680 Structure of deal:
•Investor price £67,500
•Current rent £500 per month •Monthly payments £224
•Investment required £3,995 •Legals included •Rental profit £276 per month
•Valuation £90,000
Financial details: Investment required is £3,995
•Profit (gross) example - £201,903
•Capital Growth - £135,197
•Rental Profit (gross) for term - £66,706
•Recommended & experienced solicitors used
•Reservation £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
£67,500 25% £90,000 £224 £500 £135,197 £201,
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 £96,300 £103,041 £110,254 £117,972 £126,230 £135,066 £144,520 £154,637 £165,461 £177,044 £189,437 £202,
Rental CashFlow - Annual
312 £3,544 £3,792 £4,057 £4,341 £4,645 £4,970 £5,318 £5,691 £6,089 £6,515 £6,971 £7,4
Rental CashFlow Cumulative
312 £6,856 £10,648 £14,705 £19,046 £23,692 £28,662 £33,980 £39,671 £45,760 £52,275 £59,247 £66,7
8/3/2019 3 Bed House - KA18
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Accommodation
A 1900's sandstone, 3 bedroomed, end terrace house in a beautiful part of
Auchinlech.
Property exterior - sandstone
Gardens - no gardens to the front all been paved same as rear so low
maintenance
Windows and doors - mixed upvc and wooden double glazing.
Hallway - laminated floors with white papered walls and staircase up to upper part
of the property.
Living room - laminate wooden flooring with white papered walls and feature
fireplace with brick surround.
Kitchen - fully fitted white kitchen with laminate tiled look a like flooring with
speckled worktops, with oven and hob in stainless steel.
Bedroom 1 - laminate flooring with 2 tone papered walls white upper and purple
lower with a large bay window.
Bedroom 2 - blue carpets with white artexed walls and storage area with back
boiler in it.
Bathroom - wooden style lino flooring with green bathroom suite with a mixture of
wood and tiled surround, fitted with a power shower.
Fully double glazed and gas central heating
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Neighbourhood ProfileOften, many of the people who live in this sort of postcode will be older people living in rented
terraces. These are known as type 43 in the ACORN classification and 1.89% of the UK's population
live in this type.
Neighbourhoods fitting this profile are found predominantly in northern English towns such as
Oldham, Salford, Liverpool, Huddersfield and Gateshead, as well as in Belfast and some towns in the
south including Basildon.
This type of postcode has a high proportion of older people, particularly those over 75, living in
rented terraced housing. There are fewer families with young children in these neighbourhoods,
although there are some single parents. Single person households are most common and many are
pensioners. Most residents live in small terraced houses, with only two or three bedrooms. Some live
in flats, mostly low rise purpose built. There is a higher proportion of residents renting compared to
the UK as a whole. Many rent from private landlords but local authority and housing association
property is also important. There is a high level of re-mortgaging among those who are buying their
properties. Those in work tend to be shopworkers or are employed in manual and factory jobs.
However, unemployment is 40% above the national average and long term illness 60% higher than
the UK as a whole. Car ownership is low and public transport, cycling and walking tend to be the main
modes of travel. Incomes are low and there is little scope for savings and investments. Take up of credit cards is low, but some find it hard to manage and levels of debt are above average relative to
income. Leisure interests include angling, racing, bingo, watching cable TV, listening to music and
going to the pub. Popular newspapers are the Daily Mirror, Daily Star, Daily Sport and The Sun.
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Property – Training – Wealth Creation
3 Bedroom Terraced HousePackaged Property Deals, “Leaving you time for more important things.”
£276 Cashflow - £22,500 Instant Equity – 25% Discount
Profit Warning - £201,903 (gross)
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