222 Cashflow - 15,000 Equity - 25% Discount

1 Bed Apartment
Packaged Property Deals, Leaving you time for more important things.

25% BMV - 15,000 Instant Equity

PAISLEY, GLASGOW

Details
1 bed spacious flat in overall good condition Gas fire in living room and wall mounted in kitchen UPVC double glazing Comprises: Hallway - long hall with grey carpet, magnolia walls with beige/brown square pattern, storage off. good condition Living room - blue carpet, beige/cream walls, good condition and size Kitchen - rust carpet, red walls, older units although good condition, large dining size Bedroom 1 - laminate floor, beige/cream walls, double size, good condition Bathroom - lino floor, electric shower over bath, white suite, good condition, 1/2 blue walls 1/2 white, 1/2 height white tiles round bath, good condition

Structure of deal:
Market value 60,000 Investor price 45,000 Discount from market value Estimated rent 400 per month Mortgage payments 163 Investment required - 3,995+vat Legals included Rental profit 222per month

Financial details:
Investment required is 3,995+vat
Recommended & experienced solicitors used Reservation 995+vat

Executive Summary
Purchase 45,000 2011
% Increase

% Discount 25% 2013

7%

Initial Value - 2011 60,000

Montly Mortgage 178 2017

7%

Monthly Rent 400

PROFIT in 2023 90,131

Inc Rent 143,786 2023

7%

2012
7%

2014
7%

2015
7%

2016
7%

2018
7%

2019
7%

2020
7%

2021
7%

2022
7%

Future Value - Predicted 60,000 64,200 68,694 73,503 78,648 84,153 90,044 96,347 103,091 110,308 118,029 126,291 135,131

Rental CashFlow - Annual 2,664 2,850 3,050 3,264 3,492 3,736 3,998 4,278 4,577 4,898 5,240 5,607 6,000

Rental CashFlow Cumulative 2,664 5,514 8,564 11,828 15,320 19,056 23,054 27,332 31,909 36,807 42,048 47,655 53,655

The executive summary above has presumed a Retail Price Index (RPI) of 3% (gross) and capital growth at 7% over 12 years of ownership

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The property can be let by our letting partners, Professional Letting if required

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Sales Comparable

Rental Comparable

Neighbourhood Profile
Often, many of the people who live in this sort of postcode will be young educated workers living in flats. Neighbourhoods fitting this profile are found in Scottish cities such as Edinburgh, Glasgow, Aberdeen and Dundee, and in English towns such as Brighton, Cambridge, Bath and Southampton. There are many young people in their twenties in these densely populated areas. Most are working, but there is also a significant number of students. The majority live on their own in small flats, which will be either purpose built or conversions. Given this type is often found in Scotland, tenements will also be common.

These young people are well qualified, with levels of NVQs, A-Levels and degrees well above average. They are early in their careers and have modest incomes, which should continue to rise. This does mean they are unlikely to have any financial investments. Living close to the centre of activity, in terms of both their work and recreation, there is little need for access to a car.
Public transport, cycling and walking are the main options for getting around. Self-improvement and education are important to this group and they devote free time to both. They are busy people and enjoy socialising in bars, restaurants and coffee shops on a regular basis. They do not buy many newspapers, but The Guardian and Independent are most popular.

Property Training Wealth Creation

1 Bed Apartment Glasgow

Packaged Property Deals, Leaving you time for more important things.

222 Cashflow - 15,000 Equity - 25% Discount

25% BMV POSITIVE CASH FLOW