ONE OR TWO INVESTORS struggling with mortgage apps (difficult times....) on these so be quick if you want one...
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3 Bed Semi-Detached, 3 Storey, New Builds Houses.
Town: Nottingham.
Value: £128,995 Price agreed £96,746 25%BMV. (£32,249 BMV).
Virtually No Money down. Cash Flow Positive.
Qualification date: 10th March 2009
Another ‘New Build’ development which stands out from the crowd.
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I've been asked to find a buyer for this new small development of 10 x 3 bed, 3 storey Semi’s in Nottingham.
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All Carpets and floor coverings, All white goods (Fridge/Freezer, Washer/Dryer), Good rental potential.
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NOT MUCH MORE TO SAY... Except Finances.
Will value ok at £128,995 Less 25% BMV (covers the deposit). This deal comes with FREE 'Structured Finance' (No Broker Fee either) so all you'll have to pay is your own solicitor and valuation fee.
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Site will complete in August this year.
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75% LTV Mortgage should be available at approx £550 pcm. (subject to products). Our broker will sort this out for you at no cost to you….
Rents will be £600 - £625 pcm and the local agent will be sourcing tenants as the site nears completion. This should pretty much mean that tenants will be in place for you from day ONE, keeping any rental voids to an absolute minimum.
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As with the mojority of houses built on Ex public house sites, these are Leasehold (same as the Nottingham ones which sold so well recently) which means there’ll be a nominal payment for Ground Rent but no maintenance charge as there are no communal areas.
Some of you have already bought multiples of this type from me so you know how they work out….
Mortgage products are currently available and Res fee is only £50 per house.
Select quantity required at next step and proceed to checkout.
