213 Cashflow - 13,750 Equity 25% Discount

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

134,100 Gross Profit

Glasgow

Financial Details
Accommodation: Banner Drive, Knightswood, G13
Hall, Lounge, Kitchen, 1 Bedroom, Bathroom, Good Condition

Structure of deal:
Investor price 41,250 Current rent 350 per month Monthly payments 137 Investment required 2,995 Legals included Rental profit 213 per month Valuation 55,000

Financial details:
Investment required is 2,995
Profit (gross) example - 134,100 Capital Growth - 82,621 Rental Profit (gross) for term - 51,479 Recommended & experienced solicitors used

Reservation 2,995

Executive Summary
Purchase 41,250 2011
% Increase

% Discount 25% 2013

7%

Initial Value - 2011 55,000

Montly Mortgage 137 2017

7%

Monthly Rent 350

PROFIT in 2023 82,621

Inc Rent 134,100 2023

7%

2012
7%

2014
7%

2015
7%

2016
7%

2018
7%

2019
7%

2020
7%

2021
7%

2022
7%

Future Value - Predicted 55,000 58,850 62,970 67,377 72,094 77,140 82,540 88,318 94,500 101,115 108,193 115,767 123,871

Rental CashFlow - Annual 2,556 2,735 2,926 3,131 3,350 3,585 3,836 4,104 4,392 4,699 5,028 5,380 5,757

Rental CashFlow Cumulative 2,556 5,291 8,217 11,348 14,699 18,284 22,120 26,224 30,616 35,315 40,343 45,723 51,479

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

The property can be let by our letting partners, Professional Letting if required

Accommodation
1 Bed 2nd floor flat with electric storage heating and full double glazing. Buzzer entry system. Comprises:

Entrance hallway: Good sized hallway with oak laminate flooring and cream paper decor. Small storage cupboard.
Lounge: Good sized lounge with dusty pink thick carpet and white painted decor. Door to kitchen. Front facing. Kitchen: Small kitchen off lounge with ample range of units. Tiled above work surfaces. Beech laminate flooring. White painted walls.

Bedroom: Good sized double bedroom with mint green carpet and cream painted. Small storage cupboard.
Shower Room: Good sized shower room with wc, wash hand basin and shower cubicle. Cream carpet flooring and baby pink tiled walls.

Gardens: Lawned communal gardens to the rear.

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Sales Comparable

Rental Comparable

Neighbourhood Profile
Often, many of the people who live in this sort of postcode will be singles and single parents living in high-rise estates. These are known as type 54 in the ACORN classification and 0.99% of the UK's population live in this type. Neighbourhoods fitting this profile are most heavily concentrated in Scotland, in Glasgow and Dundee in particular. In England it can be found in Plymouth, Bristol and Sheffield.

This type comprises mostly single people of different age groups, living in blocks of flats, especially in Scotland. Single person households predominate. They are a mixture of young adults, single parents with children under five and retired people. There are relatively few traditional families and middleaged people. 75% of residents live in purpose built flats, mostly rented from the local authority. Flats are small, usually one or two bedrooms, and many are in tower blocks. Unemployment is the highest of any ACORN type at two and a half times the national rate. Long-term illness is also very high. Those in work are likely to be employed in shops and in manual and factory jobs. This reflects the generally 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 Daily Record, The Sun and News of the World are popular newspapers.

Property Training Wealth Creation

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

213 Cashflow - 13,750 Equity 25% Discount

Profit Warning - 134,100 (gross)