ONE of these has just become available due to original buyer's inability to get a mortgage. 9Not uncommon nowadays).
1x 2 Bed Apt. Rent £595 pcm = 7.9% Yield.
Town: Walsall, West midlands
Value: £119,950 Price agreed £89,962 25%BMV. (£30k BMV).
Virtually No Money down. Cash Flow Positive.
See below for example Mortgage Product illustration.
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Another ‘New Build’ which stands out from the crowd.
I've been asked to find a buyer for this 1 remaining (small block of 12)
2 bed / 2 bath apt. in Walsall, West Midlands. A decent size at 656 sq ft.
1x 2nd floor apt.
All Carpets, floor coverings and white goods included.
2X Double bedrooms, Allocated parking bays, Build complete Now. Legal completion in approx 10 weeks. Good rental potential, local agent confirms £595 pcm for these.
NOT MUCH MORE TO SAY... Except Finances.
Will value ok at £124,995 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.
Example Mortgage illustration:
25% deposit paid, Borrow 75% LTV will give repayments of approx £520 pcm.
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BMV Property Solutions has carried out the due diligence as outlined above and believe all information to be true and correct. We cannot however guarantee any of the above, or the exact true market value of the property which should be confirmed by the purchaser.
BMV Property Solutions is not a licensed investment advisor or a licensed estate agent and is not authorised by the Financial Services Authority to provide investment or financial advice.
Generally, we are able to despatch the contact details within one hour of purchase, but in unusual circumstances (or during office closed times) it may not be until the next working day.
In purchasing this lead you agree to our ‘Full terms & conditions’. Please see website for details.
Only 1 Purchase option on this one: £50. No Finders Fee.
