80,000 Instant Equity 25% Discount - 200 Monthly Cashflow

3 Bedroom Detached Bungalow

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

529,522 Gross Profit

Fort Augustus

Financial Details
Accommodation: Glenview, Millfield, Fort Augustus, PH32
Hall, Lounge, Kitchen, 3 Bedroom, Bathroom, Excellent Condition

Structure of deal:
Investor price 240,000 Current rent 1,000 per month Monthly payments 798 Investment required nil Legals included Rental profit 200 per month Valuation 320,000

Financial details:
Investment required is nil
Profit (gross) example - 529,522 Capital Growth (3%) - 480,701 Rental Profit (gross) for term - 48,821 Recommended & experienced solicitors used Reservation nil

Executive Summary
Purchase 240,000 2011
% Increase

% Discount 25% 2013

7%

Initial Value - 2011 320,000

Montly Mortgage 798 2017

7%

Monthly Rent 1,000

PROFIT in 2023 480,701

Inc Rent 529,522 2023

7%

2012
7%

2014
7%

2015
7%

2016
7%

2018
7%

2019
7%

2020
7%

2021
7%

2022
7%

Future Value - Predicted 320,000 342,400 366,368 392,014 419,455 448,817 480,234 513,850 549,820 588,307 629,488 673,553 720,701

Rental CashFlow - Annual

2,424 2,594 2,775 2,970 3,177 3,400 3,638 3,892 4,165 4,456 4,768 5,102 5,459

Rental CashFlow Cumulative 2,424 5,018 7,793 10,762 13,940 17,340 20,977 24,870 29,035 33,491 38,259 43,362 48,821

The property can be let by our letting partners if required

The above figures assume long term ownership based on 3% retail price index (RPI) rent increases and 7% capital growth

Accommodation
Comprises: Entrance Hallway: Entrance to the property can be accessed via the front or side door. The long and spacious area has several storage cupboards. Dusty pink carpets and white painted decor. Access to Integral garage. Lounge: Large lounge accessed via French doors from hallway. Large brick built fireplace. Solid oak flooring. White and dark green painted decor. Kitchen: Good sized kitchen with ample range of base and wall units ( oak cabinets and grey charcoal worktops ). Oven, hob and extractor hood. Tiled above work surfaces. Tiled floor. Feature spotlights. Dining Room: Good sized dining area off kitchen with laminate flooring and cream decor. Small utility room off plumbed for washing machine. Bedroom 1: Good sized double bedroom with cream carpet and cream decor. Door to en-suite shower room.

En-suite Shower Room: Good sized shower room with wc, wash hand basin and shower cubicle. Slate tile effect laminate flooring. Marble effect panel walls. Cream painted decor.
Bedroom 2: Good sized double bedroom with green carpet. White painted and cream + mint flower paper feature wall. Bedroom 3: Good sized double bedroom with cream carpet and white painted decor. Bathroom: Good sized bathroom with wc, wash hand basin and large corner bath. Tile effect laminate flooring. Half tiled walls. Gardens: Large sweeping driveway to the front of the property with space for several cars and leading to large single integral garage. Large rear garden with patio, chipped and shrubbed areas.

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Neighbourhood Profile
Often, many of the people who live in this sort of postcode will have middle incomes and live in areas of home owning. These are known as type 27 in the ACORN classification and 2.99% of the UK's population live in this type.
Neighbourhoods fitting this profile are found in many parts of the country including Halifax, Huddersfield, Stevenage, Guildford, Dorchester and Cambridge. These are comfortably off middle-aged people living outside major towns. The children of these middle-aged couples may have flown the nest, thereby allowing the parents a comfortable lifestyle. Family incomes are good and there is plenty of room in their three or four bedroom houses. With possibly a couple of cars on the drive, these managers and skilled workers are free from major financial worries. Many have paid off their mortgages; others may have prudently protected their futures with mortgage protection policies, life cover and accident insurance. Modest investments will have been carefully spread across ISAs, unit trusts and high interest accounts. They will be preparing for their retirement with a private pension. Fresh air suits these people. They play golf, go walking and enjoy fishing and bird-watching. As a result of these interests their donations are more likely to support environmental or wildlife charities. Weekend visits to places of interest means they are likely to have taken National Trust membership. These are Daily Telegraph and Daily Express readers, and often listen to Radio 2.

Property Training Wealth Creation

3 Bedroom Detached Bungalow

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

80,000 Instant Equity 25% Discount - 200 Monthly Cashflow

Profit Warning - 529,522 (gross)