Professional Documents
Culture Documents
Financial Details
Accommodation: Harburn Drive, West Calder, EH55
Hall, Lounge, Kitchen, 2 Bedroom, Bathroom, Good Condition
Structure of deal:
Investor price 63,750 Current rent 550 per month Monthly payments 211 Investment required 2,995 Legals included Rental profit 339 per month Valuation 85,000
Financial details:
Investment required is 2,995
Profit (gross) example - 209,618 Capital Growth - 127,686 Rental Profit (gross) for term - 81,932 Recommended & experienced solicitors used
Reservation 2,995
Executive Summary
Purchase 63,750 2011
% Increase
2012
7%
2014
7%
2015
7%
2016
7%
2018
7%
2019
7%
2020
7%
2021
7%
2022
7%
Future Value - Predicted 85,000 90,950 97,317 104,129 111,418 119,217 127,562 136,491 146,046 156,269 167,208 178,912 191,436
Rental CashFlow - Annual 4,068 4,353 4,657 4,983 5,332 5,706 6,105 6,532 6,990 7,479 8,002 8,563 9,162
Rental CashFlow Cumulative 4,068 8,421 13,078 18,062 23,394 29,100 35,205 41,737 48,726 56,205 64,208 72,770 81,932
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
2 bed end terrace GCH with back boiler White UPVC double glazing Slabbed gardens Comprises Hallway - rust pattern carpet may need replaced, stripe wallpaper Living room - green carpet, light pattern paper walls with green stripe on fire wall, dining size Kitchen - laminate floor, light units and tops, tile under units, tile effect paper elsewhere. Bedroom 1 - green carpet, needs new, with pattern paper walls, double size, ample power points, storage off Bedroom 2 - blue carpet, needs new, 1/2 blue walls, 1/2 yellow, double size, shelved storage off Bathroom - blue carpet, white suite, tile effect wallpaper with full tile round bath, electric shower over
More Photos
Sales Comparable
Rental Comparable
Neighbourhood Profile
Often, many of the people who live in this sort of postcode will be white-collar singles or sharers living in terraces. These are known as type 25 in the ACORN classification and 1.55% of the UK's population live in this type. Towns where neighbourhoods fitting this profile can be found include York, Canterbury, Swindon, Norwich, Bristol, Reading and Cardiff.
This type is a mixture of young professionals and students in prosperous provincial towns and cities. Households are a mix of singles, couples and flat and house sharers. Residents are mostly in their 20s and early 30s. They are well qualified, usually to A-level and degree standard. The older individuals in this type are often already in successful professional and managerial careers. Others are in lower managerial roles, as well as clerical occupations. Some work in the education and healthcare sectors. The term-time student population in this type is above average. Most of the housing is terraced with some converted flats. Purpose built flats are rarer. Renting from a private landlord is higher than the national average, but many are buying their properties on a mortgage. Most households are two or three bedrooms. Car ownership is in line with the national average, with most households having one, and some having two cars. Despite this, most residents use public transport, cycle or walk when travelling to work. These individuals are slightly higher than average holders of savings and investment products such as ISAs, unit trusts and stocks and shares. They are also likely to use the Internet for savings accounts and to source credit cards. Their preferred newspapers are The Guardian, Independent and Observer. They are likely to have cable TV and are keen on exercise and sport as well as theatre, music and the arts.