£16,750 Equity - £192 Cashflow – 25% Discount

1 Bed Semi Detached
Packaged Property Deals, “Leaving you time for more important things.”

£155,752 Gross Profit
Irvine, Ayrshire

Financial Details
Accommodation:
Hall, Lounge, Kitchen, 1 Bedroom, Bathroom, Good Condition

Structure of deal:
•Investor price £50,250 •Current rent £400per month •Monthly payments £208 •Investment required £2,995+vat •Legals included •Rental profit £192per month •Valuation £60,000

Financial details:
Investment required is £2,995+vat
•Profit (gross) example = £144,801 •Capital Growth (3%) = £98,397 •Rental Profit (gross) for term - £46,404 •Recommended & experienced solicitors used •Reservation £995+vat

Executive Summary
Purchase £52,500 2011
% Increase

% Discount 25% 2013
7%

Initial Value - 2011 £67,000

Montly Mortgage £208 2017
7%

Monthly Rent £400

PROFIT in 2023 £98,397

Inc Rent £144,801 2023
7%

2012
7%

2014
7%

2015
7%

2016
7%

2018
7%

2019
7%

2020
7%

2021
7%

2022
7%

Future Value - Predicted £67,000 £71,690 £76,708 £82,078 £87,823 £93,971 £100,549 £107,587 £115,118 £123,177 £131,799 £141,025 £150,897

Rental CashFlow - Annual £2,304 £2,465 £2,638 £2,822 £3,020 £3,231 £3,458 £3,700 £3,959 £4,236 £4,532 £4,850 £5,189

Rental CashFlow Cumulative £2,304 £4,769 £7,407 £10,230 £13,250 £16,481 £19,939 £23,639 £27,597 £31,833 £36,365 £41,215 £46,404

The summary above is based on a retail price index of 3% and capital growth over 12 years at 7%. The property has been valued at £67,000 by a RICS surveyor, the report is available upon reservation and finance approval. The rent assessment value at £400 has been approved by the surveyor. We work in partnership with Professional Lettings who are able to market the property for letting upon reservation .

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

Accommodation
Overtoun Road Irvine KA11

One bed semi detached villa in quiet residential area. Gas central heating and double glazing throughout. Irvine which resides on the West coast of Scotland with its own picturesque harbour and beach. Only a half hours train journey from Glasgow and less than 10 miles from Prestwick Airport.
Comprises Gardens: Front and rear fully lawned with driveway to the side. Hallway: Doors leading to all rooms. Patterned carpets and mint painted walls. Living room: Ample sized living area with green carpets and green & cream papered walls. Large window to the front. Door leading to the kitchen. Dining room: Just off from the kitchen with red carpets and cream papered walls. Patio doors to the rear garden Kitchen: Good size with wooden wall and base units and cream work surfaces. Stainless steel sink and drainer. Tiled splash back. White ceramic floor tiles. Brown oven, hob and extractor. Door leading to the dining room. Bedroom 1: Good sized double room with rose carpets and light papered walls. Fitted wardrobes on one wall. Window to the rear. Good sized shelved storage off. Bathroom: Nice sized bathroom with white w.c and wash hand basin. Corner shower cubicle with electric shower. Fully tiled in green and white tiles. Window to the front. White heated towel rail.

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Neighbourhood Profile
Often, many of the people who live in this sort of postcode will be low income larger families living in semis. These are known as type 44 in the ACORN classification and 3.04% of the UK's population live in this type. The Black Country and South Yorkshire are the main places for these communities, although they generally crop up in most urban areas. Towns such as Doncaster, Barnsley, Dudley, Wrexham, and Ballymoney are typical. These families tend to live in reasonably large council properties. Incomes are well below average with nearly a third of families earning less than £10,000. Unemployment is higher than average. Work is typically routine, in a factory or some other manual occupation. Jobs reflect the general lack of educational qualifications. Households tend to be families with a number of school age children. Over 10% are single parent families. Home to these families will often be a three bedroom semi-detached property rented from the local council or housing association. The lottery, football pools and bingo may offer the hope of wealth. Since money is tight, the payment facilities offered by catalogue shopping are an attraction in these areas. People with a car will own a low value second hand vehicle. Shopping may be done in Morrisons or Kwik Save, and holidays may well be to a caravan park or a camp site. Few leisure activities seem affordable. Angling is popular and people will spend time listening to music or watching television. The newspaper is generally a tabloid.

Property – Training – Wealth Creation

1 Bedroom Semi Detached
Packaged Property Deals, “Leaving you time for more important things.”

£16,750 Equity - £192 Cashflow – 25% Discount

Profit Warning - £144,801 (gross)

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