Attractive Flat in London, 20% BMV
Location: London, SW19
Current Value: £245,000
Available To You For: £196,000
Investment Details
5% Deposit
Property Costs & Equity
| Current Valuation | £245,000 |
|---|---|
| Purchase Price | £196,000 |
| Deposit Funding | £49,000 |
| Deposit required from you | 12,250 |
| Mortgage borrowing | £183,750 |
| Immediate Equity | £61,250 |
We expect the rent to be anywhere between £1,200 - £1,800 per month. Given the great condition of this property, the higher end rent is realistic. The two examples are illustrated below:
Example Cash flow positive rental (if rent = £1,200 pm)
| Target rent | £1,200 per month |
|---|---|
| Mortgage payment | £810 per month (5.29%) |
| Net profit (per month) | £390 per month |
Example Cash flow positive rental (if rent = £1,800 pm)
| Target rent | £1,800 per month |
|---|---|
| Mortgage payment | £810 per month (5.29%) |
| Net profit (per month) | £990 per month |
Floorplan
Property Costs & Equity
The Property
Very attractive and spacious 3 bed flat in London. Available for 25% below the current market value.
Close to Southfields, Wimbledon and East Putney Tube stations, the A3 and the Common, it is very well lovated. Laminate flooring throughout, the property has a brand new boiler and has been recently decorated. The flat is currently being marketed for letting so it may be possible that it is tenanted before completion.
The flat is situated on the first floor, the service charges are £600 per year.
The vendor must sell this property urgently.
We expect the rent to be anywhere between £1,200 - £1,800 per month. Given the great condition of this property, the higher end rent is realistic.
Close to Southfields, Wimbledon and East Putney Tube stations, the A3 and the Common, it is very well lovated. Laminate flooring throughout, the property has a brand new boiler and has been recently decorated. The flat is currently being marketed for letting so it may be possible that it is tenanted before completion.
The flat is situated on the first floor, the service charges are £600 per year.
The vendor must sell this property urgently.
We expect the rent to be anywhere between £1,200 - £1,800 per month. Given the great condition of this property, the higher end rent is realistic.
- Excellent rental
- Will sell quickly