Issuu on Google+

s nit u T: S E LAT

• • •

ton r e th A n i

Last remaining units details for investors Final phases at a popular development in Atherton Excellent rental yield, current units attracting

One remaining block of 30 units to be built, the last block was completed in Dec 2008. The final phase will commence this year with a view to completion in Feb/Mar 2010


Plot information

Gadbury Fold, Atherton

PLOT

Apartment Type

Floor

Bed

Sq. Ft

WAS

NOW

NETT

420

Kingsbridge

Ground

2

634

£100,000

£84,950

£70,450

421

Hayle

Ground

2

649

£102,000

£85,950

£71,450

424

Kingsbridge

First

2

634

£101,000

£85,950

£71,450

425

Hayle

First

2

649

£103,000

£86,950

£72,450

426

Hayle

Second

2

649

£104,000

£87,950

£73,450

428

Kingsbridge

Second

2

634

£102,000

£86,950

£72,450

429

Hayle

Second

2

649

£104,000

£87,950

£73,450

431

Kingsbridge

Third

2

634

£103,000

£87,950

£73,450

432

Kingsbridge

Third

2

634

£103,000

£87,950

£73,450

Investor deal examples: £70,450 unit price Purchase fee £4,022 payable immediately (5% deposit taken off the price plus £500 set up) Net amount to finance

£66,927


Plot information Example / Illustration for professional use only Plot

Floor

Type

Sq Ft

Beds

Bath

Price

157

Ground

Hayle

649

2

2

£70,450

BM Solutions 25yr interest only Buy to let product, 1 yr trackerBBR plus 3.85% Full product details available on request Mortgage

Fees required immediately

Rental Yield

65% loan + prod fee

Payment guide

Expected rental

%

Deposit

Set Up

Total Fee

£47,165

£170.98

£420-£480

7% - 8%

£3,522

£500

£4,022

Please note: current rentals refer to 1 bed units, these units are 2 bed Ground rent £125, Service Charge £688

Current lending terms generate repayments from £171 Current rental deals are generating £420 to £480 on single beds


Plans available on request


Due Diligence Search:

Plot information

1st Sept 2009

There are few apartments for sale or rent in Atherton www.houseprices.co.uk

2 bed for sale ÂŁ103,950 Www.propertyfinder.com

Average rents on apartments in Atherton according to wwwfindaproperty.com ÂŁ418


gadbury