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Corby, Norhamptonshire
a one year old 3 bedroom semi detached property overlooking an open green and in excellent order.
Huge 25% discount - Now just £110,000
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Discount price |
£110,000 |
Property Price |
£147,500 |
Instant Discount |
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% Discount |
25% |
Buy to sell or let |
Yes |
Unit type |
3 bedroom house |
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| Buy to sell or buy to let. |
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| A one year old 3 bedroom semi detached house situated on a popular development and overlooking a green.
The property is in excellent order and offers all the modern conveniences of a new house which makes it ideal for letting.
The property is offered with a 20% discount based upon a market value of £147,500. The vendor has just reduced the price from £152,500 which was the figure given to her by two local estate agents. This is a superb buy at just £110,000
The property offers 3 bedrooms, with the master suite occupying the whole of the top floor, lounge, kitchen and bathroom. The specification provides gas central heating and upvc double glazed windows. The current vendor informs us she has spent £2000 on the garden area laying it to lawn and having a patio built.
   
Market price £147,500
Purchase Price £110,000
Instant Equity £27,500
Monthly rent £600-£650
6.5%-7% yield on net price
The vendor has been informed that the buyer will pay £500 towards legal fees.
Pinnacle finders fee £3200 +vat
A £500 non refundable deposit is required to reserved the property which will be taken off of the completion monies.
There have been a few properties within 1/4 mile of the postcode which have recently sold.
Sold
Detached £210,000 Dec 2007-Same Road
Semi Detached £155,000 Nov 2007-Same Road
Semi Detached £149,000 Oct 2007-Same Road
Semi Detached £150,000 Nov 2007-Same Road
Semi Detached £144,760 Aug 2007-Same Road
Semi Detached £145,750 Jul 2007-Same Road
On market
3 bedroom semi-3 storey £159,995
3 bedroom semi-3 storey £159,995
3 bedroom mid terrace-3 storey-£159,950
3 bedroom mid terrace-3 storey-£154,950
3 bedroom mid terrace-3 storey-£154,950
3 bedroom mid terrace-3 storey-£150,000
4 bedroom mid terrace-3 storey-£150,000
4 bedroom end terrace-3 storey-£148,500
3 bedroom mid terrace-3 storey-£139,950
The above have been taken from Rightmove the property portal
The current owner would like to return to the area they previously lived in for family reasons.
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| 10 year price table |
| The table below shows how the property purchased at a net price of £135,995 could grow over the next 10 years at 2%, 5% and 8% |
% |
Yr1 |
Yr2 |
Yr3 |
Yr4 |
Yr5 |
Yr6 |
Yr7 |
Yr8 |
Yr9 |
Yr10 |
Potential growth |
2% |
£138,714 |
£141,489 |
£144,318 |
£147,205 |
£150,149 |
£153,152 |
£156,215 |
£159,399 |
£162,526 |
£165,777 |
£50,181 |
5% |
£142,794 |
£149,934 |
£157,431 |
£165,302 |
£173,567 |
£182,246 |
£191,358 |
£200,926 |
£210,972 |
£221,521 |
£105,925 |
8% |
£146,874 |
£158,624 |
£171,314 |
£185,019 |
£199,821 |
£215,806 |
£233,071 |
£251,717 |
£271,854 |
£293,603 |
£178,007 |
Prices can go up as well as down
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Call us now on the sales reservation line for further details
Tel 07887 512597
or
click on the call back request link below and we will call you
Call back request |
| Disclaimer |
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The details contained in this brochure are for guidance only. Any photographs, illustrations, plans and sizes, only give a general indication of the proposed development. The developer operates a policy of continuous development and features, specifications and external treatments may vary. The developer reserves the right to alter any part of the development.
Particulars described in this brochure should not be relied upon as accurately describing any specific matters. Tables, projections and profit forecasts, are provided for illustrative purposes only. Property values and assumed rentals can decrease as well as increase. No express or implied income claims are made herein. Neither Pinnacle Property Association/Pinnacle Property Link Ltd nor any of its partners, directors,
e employees or representatives will be liable for damages arising out of or in connection with the use of information provided in this document.
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Copyright © 2008 Pinnacle Property Association. All rights reserved. |
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