This property is a good size 3 bedroom semi detached house located in the popular town of Widnes. It offers comfortable accomadation to a clean standard with a through lounge/dining room, Kitchen, 3 bedrooms, family bathroom and gas central heating.

The property also benefits from gardens to the front and rear and off road parking for 2 cars.

Our letting agent informs us that this house will let easily at £600 per month and a tenant could be secured before legal completion. It is an ideal family home with many amenties close by.

Based upon the discounted price this will give a strong yield of 6.8% and good positive monthly cash flow depending on your borrowings.

The property is offered with a huge 16% discount for a quick sale and legal completion.

Market price £125,000

Purchase Price £105,000

Instant Equity £20,000

Mortgage £106,250 @ 85% of £125,000

Monthly mortgage payment £540 @ 6.1%

Monthly rent £600

This deal will provide positive monthly cash flow based on the figures above. This cash flow will increase if a larger deposit was put into the deal. We have indicated some figures below for a 5% deposit . We have subject to change a mortgage product at 5.89%

Mortgage £100,000 @ 80% of £125,000

Monthly mortgage payment £460 @ 5.89%

Monthly rent £600

The above figures are subject to valuation and mortgage product. Please note mortgage products are changing on a daily basis.

Stamp duty - £0

Legal fees - £575

Legal Disbursement - £350

Survey fee - £300

Mortgage broker fee £550

Pinnacle fee £2937 inc vat

Potential total cost to buy this property £3462.

(These are not exact figures above but a good baseline to work with, also note there will be an agreement fee about 1%-2.5% for the mortgage which will be added on to the loan amount and this amount varies in each case, also product values change daily) *The potential purchase cost is the difference between the mortgage, purchase price and cost to buy. Mortgages are subject to valuation and personal circumstances.