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  • 36,250 Instant Equity, Tenanted and in Great Condition

    Uploaded by

    Mark I'Anson
    13 views2 pages
    This property offers £36,250 instant equity and positive cash flow with an existing tenant

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    £36,250 instant equity, tenanted and in great condition

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    This property offers £36,250 instant equity and positive cash flow with an existing tenant

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    13 views2 pages

    36,250 Instant Equity, Tenanted and in Great Condition

    Uploaded by

    Mark I'Anson
    This property offers £36,250 instant equity and positive cash flow with an existing tenant

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    Lochburn The Square, Kintore, Inverurie, AB51 0UA

    3 bed flat split over three levels, lounge, kitchen, bathroom, D/G, GCH, back garden.

    Property is tenanted with a lease for 5 years paying £550pcm with annual increase of 3.75%

    As this property is tenanted no redecoration is required.

    Yield of 7.5%

    GROSS PRICE £145,000

    MORTGAGE AT 75% LTV £108,750

    MORTGAGE £412 pcm

    EXPECTED RENT £550 pcm

    CASHFLOW £138 pcm

    Mortgage rate based on 4.55% - rates may vary

    INSTANT EQUITY £36,250

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