276 Monthly Cashflow - 17,500 Equity 25% Discount

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

171,859 Gross Profit

Renfrew

Financial Details
Accommodation: Houstoun Street, Renfrew, Renfrewshire, PA4
Hall, Lounge, Kitchen, 2 Bedroom, Bathroom, Good Condition

Structure of deal:
Investor price 52,500 Current rent 450 per month Monthly payments 174 Investment required 995+vat Legals included Rental profit 276 per month Valuation 70,000

Financial details:
Investment required is 995+vat
Profit (gross) example = 171,859 Capital Growth (3%) = 157,653 Rental Profit (gross) for term = 66,706 Recommended & experienced solicitors used Reservation 995+vat

Executive Summary
Purchase
52,500 2011
% Increase

% Discount
25% 2013
7%

Initial Value - 2011

70,000

Montly Mortgage
174 2017
7%

Monthly Rent
450

PROFIT in 2023
105,153

Inc Rent
171,859 2023
7%

2012
7%

2014
7%

2015
7%

2016
7%

2018
7%

2019
7%

2020
7%

2021
7%

2022
7%

Future Value - Predicted 70,000 74,900 80,143 85,753 91,756 98,179 105,051 112,405 120,273 128,692 137,701 147,340 157,653

Rental CashFlow - Annual 3,312 3,544 3,792 4,057 4,341 4,645 4,970 5,318 5,691 6,089 6,515 6,971 7,459

Rental CashFlow Cumulative 3,312 6,856 10,648 14,705 19,046 23,692 28,662 33,980 39,671 45,760 52,275 59,247 66,706

Our partners, Professional Letting are available, should you require them
Gross figures above assume 7% growth as an illustration only for capital growth, and 3% Retail Price Index (RPI) as rental increase

Accommodation
Houstoun Street,Renfrew, Renfrewshire, PA4 2 bed top floor flat with gas central heating ( baxi combi boiler ) and single glazing. Comprises:

Entrance Hallway: Good sized hall with storage cupboard. Laminate flooring and lilac + cream paper decor.
Lounge: Good sized lounge with gas fire ( cut off ). 2 feature alcoves. Blue pattern carpet. Cream and light blue paper decor. Kitchen: Good sized kitchen with ample range of base and wall units (oak cabinets and grey tops ). Peach tiled floor and fully tiled walls. Oven, hob and extractor hood. Bedroom 1: Good sized double bedroom with grey carpet and cream decor. Bedroom 2: Good sized double bedroom with light blue carpet and cream painted decor. Bathroom: Good sized bathroom with w.c., wash hand basin and bath. Grey tiled floor and tiled around bath. Half panel pine walls. Polystyrene ceiling tiles. Gardens: Communal lawned drying green to the rear of the property. The property is also fully alarmed.

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Rental Comparable

Neighbourhood Profile
Often, many of the people who live in this sort of postcode will be singles and single parents living in high-rise estates. These are known as type 54 in the ACORN classification and 0.99% of the UK's population live in this type. Neighbourhoods fitting this profile are most heavily concentrated in Scotland, in Glasgow and Dundee in particular. In England it can be found in Plymouth, Bristol and Sheffield.

This type comprises mostly single people of different age groups, living in blocks of flats, especially in Scotland. Single person households predominate. They are a mixture of young adults, single parents with children under five and retired people. There are relatively few traditional families and middle-aged people. 75% of residents live in purpose built flats, mostly rented from the local authority. Flats are small, usually one or two bedrooms, and many are in tower blocks. Unemployment is the highest of any ACORN type at two and a half times the national rate. Long-term illness is also very high. Those in work are likely to be employed in shops and in manual and factory jobs. This reflects the generally low levels of qualifications in this type. Incomes are low and people have very low levels of savings. Car ownership is understandably low as well, with most people dependent on public transport and walking. Horse racing, football, bingo and listening to music are popular leisure interests. The Daily Record, The Sun and News of the World are popular newspapers.

Property Training Wealth Creation

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

276 Monthly Cashflow - 17,500 Equity 25% Discount

Profit Warning - 171,859 (gross)