205 Monthly Cashflow - 12,000 Equity 25% Discount

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

121,651 Gross Profit

Beith, Ayrshire

Financial Details
Accommodation: Muirpark Terrace, Beith, Ayrshire, KA15
Hall, Lounge, Kitchen, 1 Bedroom, Bathroom, letable Condition

Structure of deal:
Investor price 36,000 Current rent 325 per month Monthly payments 120 Investment required nil Legals included Rental profit 205 per month Valuation price 48,000 Ground rent & Service charges nil Letting Agent charges 10%

Financial details:
Investment required is nil
Profit (gross) example 121,651 Capital Growth 72,105 Rental Profit (gross) for term 49,546 Recommended & experienced solicitors used Reservation nil

Executive Summary
Purchase 36,000 2011
% Increase

% Discount 25% 2012

7%

Initial Value - 2011 48,000

Montly Mortgage 120

Monthly Rent 325

PROFIT in 2023 72,105

Inc Rent 121,651

2013
7%

2014
7%

2015
7%

2016
7%

2017
7%

2018
7%

2019
7%

2020
7%

2021
7%

2022
7%

2023
7%

Future Value - Predicted 48,000 51,360 54,955 58,802 62,918 67,322 72,035 77,078 82,473 88,246 94,423 101,033 108,105

Rental CashFlow - Annual 2,460 2,632 2,816 3,014 3,225 3,450 3,692 3,950 4,227 4,523 4,839 5,178 5,540

Rental CashFlow Cumulative 2,460 5,092 7,909 10,922 14,147 17,597 21,289 25,239 29,466 33,988 38,828 44,006 49,546

Property can be let by our partners Professional Letting if required

Accommodation
Muirpark Terrace Beith, Ayrshire, KA15 One bed ground floor flat in quiet residential area. Benefits from Gas central heating and double glazing throughout. There is a communal garden and drying area to the rear of the property.

This property is situated a couple of minutes walk from Beith town centre with excellent amenities and transport facilities giving fast and easy commuting links to Glasgow or other towns in Ayrshire.
Comprises Hallway: Doors leading to all rooms. White painted walls and patterned carpets. Living room: Ample sized living room with green carpets and cream painted walls and a papered feature wall. Feature fireplace with gas fire and wooden surround. Window to the rear. Good sized storage off. Door leading to the kitchen. Kitchen: Good size with wooden wall and base units and cream worktops. Stainless steel sink and drainer. Light papered walls and parquet flooring. Window to the rear. Bedroom: Excellent sized double room with cream painted walls and patterned carpet. Fitted wooden wardrobes. Window to the front. Shelved storage off. Bathroom: Good size with 3 piece pink suite. Pink painted walls and pink carpets. Dated electric shower. Window to the front.

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Neighbourhood Profile
Often, many of the people who live in this sort of postcode will be low income singles living in small rented flats. These are known as type 22 in the ACORN classification and 1.38% of the UK's population live in this type. Geographically neighbourhoods fitting this profile occur in various locations including Canterbury, seaside towns such as Torquay and Blackpool, and Scottish towns such as Dundee, Galashiels, and Paisley. These neighbourhoods are largely composed of single people, both young and old. Around 20% of the people in these areas are in their 20s, but 10% are over 75. Both are well above the national average. The dominant characteristic is the single person renting small flats. There may also be some communal establishments such as nursing homes. Incomes are quite low. People have average educational qualifications. Their relatively routine jobs are in shops and offices, and there is some unemployment. With the elderly contributing to higher than average numbers of people with long term illnesses, these areas are beginning to experience some need for social services. While the younger people aspire to gold cards, interactive TV and telephone banking, the reality is they have low limits on their credit cards, plan to pay off debts, and possibly need a loan. Their spending on food is low, and catalogue shopping helps them economise. Few people own a car, with those who do paying high insurance premiums. Most get about on foot, by bike, or public transport. The pub is a relatively popular place for eating, either at lunch-time or in the evening. Leisure interests tend to be football and betting on the horses. At home they might unwind by listening to music or reading a novel. There is a keen interest in self-improvement and education.

Property Training Wealth Creation

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

205 Monthly Cashflow - 12,000 Equity 25% Discount

Profit Warning - 121,651 (gross)