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Runcorn, Cheshire
4 bedroom 3 storey mid terraced house with large rooms.
15% discount for a quick completion .
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Discount price |
£65,450 |
Property Price |
£77,000 |
Instant Discount |
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Rentback |
Pre let |
No deposit |
Yes |
Unit type |
4 bedroom mid terrace |
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| Assignable contract deal |
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| This property is a 4 bedroom middle terrace 3 storey house with front and rear garden.
The property has just been let on a 12 month tenancy for £475 per month which gives a yield of 8.8% on the net purchase price.
It is offered with a 15% discount for a quick sale and legal completion.
Market price £77,000
Purchase Price £65,450
Instant Equity £11,500
Mortgage £65,450
Monthly mortgage payment £299 @ 5.5%
Monthly rent £475
Stamp duty - Nil
Legal fees - £575
Legal Disbursement - £350
Survey fee - £300
Mortgage broker fee £400
Pinnacle fee £1809 inc vat
Potential total cost to buy this property £3434
(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)
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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 |
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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