Pinnacle Property Association

Referrals

Call back

Contact

List of all opportunities

Forest hill, london SE23

two bedroom top floor conversion flat which has been fully refurbished to a high standard.

10% discount-Stamp duty paid-Legal and survey paid

Discount price	£247,500
Property Price	£275,000
Instant Discount	£27,500
Rentback	No
Fees paid	Yes*
Unit type	2 bedroom apartment

10% deposit paid deal

This property is a 2 bedroom top floor apartment in a period property. It has recently undergone a refurbishment programme to a good standard as you can see from the internal pictures.

The property comes with flooring, has a nice size lounge with attractive bay window and gas heating.

It is offered with a 10% discount + fees paid for a quick sale and legal completion.

Property deal

Market price £275,000

Purchase Price £247,500

Instant Equity £27,500

Potential Mortgage £230,000

Monthly mortgage payment £1006 @ 5.25%

Potential Monthly rent £1000-£1050

Cost to purchase

Stamp duty - Nil-Paid

Legal fees Refunded on completion

Survey fee Refunded on completion

Mortgage broker fee £1000

Pinnacle fee £2938 inc vat

The vendor will refund fees as above on completion, so it will cost very little in terms of buying expenses to purchase this apartment.

(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)

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

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.

List of all opportunities