Ready Tenanted in London, Recently Refurbed

Location: London

Market Value: £161,000

Available To You For: £128,800

Equity Upon Completion: £32,200

Investment details

Target rent £825 per month
Current Valuation £161,000
Mortgage borrowing £120,750
Mortgage payment £0 per month
Deposit Funding £32,200
Deposit required from you £8,050
Valuation fee £0
Stamp Duty £0
Legal fees £0 incl. & VAT
Packaging fee £0 (plus VAT)
Total equity to you on completion £40,250

The Property

A chance to buy this well maintained 2 bed flat in Hounslow. The property is in a popular street approximately 25 minutes away from Hounslow Tube station and close to Heathrow and the M4. The property has recently undergone refurbishment and has a new kitchen and bathroom as well as laminate flooring. The property was constructed approx 1900 and is on 80 year lease. The ground rent is £125 per annum and service charges are around £300 per year. The Tenants have been in place for a while and are looking to renew their tenancy. Gross Internal Floor Area - Approx 48sq Meters.

  • Tenant in place
  • £300 rental profit per month
  • 20% below market value

Vacant properties are available to buy as a home - contact us for details.

Property details

Type of property Flat
Bedrooms 2
Heating GCH

Property Misdescriptions Act 1991

In accordance with the Property Misdescriptions Act 1991, these sales particulars are for general guidance purposes only. They do not constitute or form part of an offer or contract. No structural survey has been carried out. All photographs and descriptions are given as a guide only, and must not be relied upon. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor in the usual way.

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