south west scotland with £1,500 cash back

8/6/2019 South West Scotland with 1,500 Cash Back

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15,000 Instant Equity 25% Discount - 1,500 Cash Back

2 Bed Apartment with 1,500 Cash Back

Packaged Property Deals, Leaving you time for more important things.

25% BMV Deal- 54,345 Gross Profit

Patterson Drive, Law, (South West of Glasgow)


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Accommodation:

Accommodation

2 bedroom bottom floor cottage flat in quiet residential street which is dated in decor

Entrance : Long hallway with pink swirl carpets and cream painted walls, white

radiator and white painted skirting boards and white painted ceilings hallway leads off

to all rooms in the house through wooden doors with glass panels

Lounge: Good sized lounge with pink swirl carpet carried on from the lounge, needs

cleaned. Built in brick fireplace, Cream painted wallpaper and built in white cupboard,

radiator and white painted ceiling.

Kitchen: New modern kitchen which is newly installed, Wooden units and grey marl

tops, large window over the sink, white painted artex walls, will require new flooring.

Master bedroom: Double sized room, with white radiator underneath the window,

cream painted walls, will require new flooring.

Bedroom: Double sized rooms, with white radiator underneath the window, cream

painted walls, brown carpet, white painted ceilings and white painted bedroom door

Bathroom: Wet room with w.c. wash hand basin and shower, Large cream tiles on the

walls and lino flooring, white handrail.

Property benefits from the following: GCH - which is 2 years old and a new combi

boiler less than 6 months old which is regularly serviced and maintained. UPVC

double glazing (kitchen window is not double glazed)


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Accommodation: Patterson Drive, Law, ML8Lounge, Kitchen, 2 Bedroom, Bathroom, 1,500 cash back

Structure of deal:

Investor price 45,000

Current rent 350 per month

Monthly payments 150 (dependant on mortgage product)

Investment required 3,995+vat

Legals included

Rental profit 200 per month

Valuation 60,000 (plus 2,000 cash back on completion)

Financial details:

Investment required is 3,995+vat

Profit (gross) example = 54,345 (12 year illust.)

Capital Growth (3%) = 25,545

Rental Profit (gross) for term - 200x12x12 = 28,800

Recommended & experienced solicitors used

Reservation 1,000+vat

Financial Details


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More Photos


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Rental Comparable


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Sales Comparable


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Neighbourhood ProfileOften, many of the people who live in this sort of postcode will be singles andsingle parents living in high-rise estates. These are known as type 54 in theACORN classification and 0.99% of the UK's population live in this type.

Neighbourhoods fitting this profile are most heavily concentrated in Scotland, inGlasgow and Dundee in particular. In England it can be found in Plymouth, Bristoland Sheffield.This type comprises mostly single people of different age groups, living in blocks

of flats, especially in Scotland. Single person households predominate. They area mixture of young adults, single parents with children under five and retiredpeople. There are relatively few traditional families and middle-aged people. 75%of residents live in purpose built flats, mostly rented from the local authority. Flatsare small, usually one or two bedrooms, and many are in tower blocks.

Unemployment is the high. Long-term illness is also high. Those in work are likelyto be employed in shops and in manual and factory jobs. This reflects thegenerally low levels of qualifications in this type. Incomes are low and people

have very low levels of savings. Car ownership is understandably low as well,with most people dependent on public transport and walking. Horse racing,football, bingo and listening to music are popular leisure interests. The DailyRecord, The Sun and News of the World are popular newspapers.


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Property Training Wealth Creation

2 Bed Apartment with 1,500 Cash Back

Packaged Property Deals, Leaving you time for more important things.

15,000 Instant Equity 25% Discount - 1,500 Cash Back

Profit Warning - 54,345(gross)

south west scotland with £1,500 cash back

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