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st helens
A high discounted 2 bedroom end of terrace house in reasonable condition close to Schools, Transport and motorway networks.
Huge 29% discount - 9% yield.
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Discount price |
£60,000 |
Property Price |
£85,000 |
Instant Discount |
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% Discount |
29% |
Buy to let or sell |
Both |
Unit type |
2 bedroom house |
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| Buy to let or buy to sell deal |
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| This is a 2 bedroom end of terrace property situated in the St Helens area just to the East of Liverpool.
The property is in a reasonable condition and offers good sized accommodation with two double bedrooms, Lounge with dining area, Kitchen and upstairs bathroom. There is gas fired central heating and some double glazing.
The house is located on a corner plot and has gardens to the front, back and side.
Lounge 12'8 x 10'4
Dining area 9'5 x 9'6
Kitchen 10'4 x 6'6
Bedroom One 13'4 x 9'10
Bedroom Two 12'3 x 9'7
Measurements not verified by Pinnacle
 
A local RICS surveyor has undertaken a desktop valuation which has confirmed a price of £85,000. Based upon a rent of £450 per month this property provides a yield of 9%.
| Reason for Below market value price |
The property has been subject to repossession.
Market price £85,000 based on a RICS desktop valuation
Purchase Price £60,000
Instant Equity £25,000
Monthly rent £450+
Pinnacle property finders fee for this deal is £3400 + vat.
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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 property.
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 and need to be confirmed by a RICS valuation. No express or implied income claims are made herein. Neither Pinnacle Property Association/Pinnacle Property Link Ltd nor any of its partners, directors, employees or representatives will be liable for damages arising out of or in connection with the use of information provided in this document. Purchasers should undertake their own due diligence before making a commitment to purchase and it is understood that this has taken place prior to making a reservation.
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Copyright © 2008 Pinnacle Property Association. All rights reserved. |
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