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St Helens, merseyside

A completely refurbished 2 bedroom apartment in wonderful condition and with an immediate tenant.

Huge 25% discount off RICS valuation- 8% yield.

Discount price	£75,000
Property Price	£100,000 Rics val
Instant Discount	£25,000
% Discount	25%
Buy to let or sell	Both
Unit type	2 bedroom apartment

Buy to let or buy to sell deal

This is a beautifully presented 2 bedroom apartment which has had the benefit of a recent complete refurbishment programme.

The property benefits from Double glazed windows, New kitchen, New gas heating, New carpets and re decorating.

There is already a tenant in occupation who wishes to stay on and is prepared to pay a rent of £500 per month which represents a healthy 8% yield.

The property has had a recent RICS valuation at £100,000, although the apartment is currently on the market for £110,000. We have based our discount on the Rics value although another valuer may say higher.

This is a good solid low price property with tenant which will give immediate cash flow.

Reason for Below market value price

The property was purchased to assist a repossession.

Property deal

Market price £100,000

Purchase Price £75,000

Instant Equity £25,000

Yield 8%

Monthly rent £500

Pinnacle property finders fee for this deal is £2250 + vat.

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

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Disclaimer

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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