ARMCHAIR BUY TO LET INVESTMENT
ROCK SOLID INVESTMENT OPPORTUNITIES
- Let us source you a property
- Find you a tenant
- Fully manage the property
We have 9 Buy to let properties which allow you to add value and recycle most of your initial capital investment.
X9 Buy To Let Properties in the hottest areas across the North East:
Purchase Prices Ranging From:
£40,000 – £80,000
Refurbishment Costs Ranging From:
£5000 – £15,000
All of these properties are in areas with a strong rental demand and are within the top 15 Rental postcodes in the North East.
HOW IT WORKS:
Refurbish the property at a cost of £8,000
Sourcing fee £2,340
You want the property to go up in value enough to cover most of your refurbishment costs, and other costs.
Proposed valuation after refurb £80,000
You could choose a finance product that requires a 25% deposit £60,000.
You therefore purchase the property minus all or your costs (Refurbishment £8,000 + other £2,340= £10,340).
£10,340 – £60,000 = £49,660
You buy the property at £55,000 to make this property a potential LITTLE MONEY left in.
You have only had to potentially leave £5,340 in the property; the rest of the money has been recycled back out.
SLIP POINT PRINCIPLE
- Most of the time expect to leave in between 10%-25% of your initial capital investment.
- Bad areas will allow you to pull all of your money out, but why would you want to buy a property in a bad area?
- There is a 1 degree of difference between a successful property investment and amateurs. ROCK SOLID INVESTMENT
TAKE ACTION – LINES OPEN FROM 11:30AM TODAY:
Book a call/ register your interest/ reserve the property:
Or call: 0191 491 0333 and ask for Mike Bell
Investment property that will run itself letting you do the things that you enjoy