property investment brochure - g45

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  • 8/3/2019 Property Investment Brochure - G45

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    293 Cashflow - 15,750 Equity 25% Discount

    3 Bed ApartmentPackaged Property Deals , Leaving you time for more important things.

    163,036 Gross Profit

    Glasgow

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    Accommodation : Tormusk Road, Castlemilk, Glasgow, G45Hall, Lounge, Kitchen, 3 Bedroom, Bathroom, Good Condition

    Structure of deal:

    Investor price 47,250 Current rent 450 per month Monthly payments 157 Investment required 995+vat

    Legals included Rental profit 293 per month Valuation 63,000

    Financial details: Investment required is 995+vat

    Profit (gross) example = 163,036 Capital Growth (3%) = 94,638 Rental Profit (gross) for term - 68,398 Recommended & experienced solicitors used Reservation 995+vat

    Financial Details

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    Executive SummaryPurchase % Discount Initial Value - 2011 Montly Mortgage Monthly Rent PROFIT in 2023 Inc Rent

    47,250 25% 63,000 167 450 94,638 163,036

    2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

    % Increase 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7%

    Future Value - Predicted

    63,000 67,410 72,129 77,178 82,580 88,361 94,546 101,164 108,246 115,823 123,931 132,606 141,888

    Rental CashFlow - Annual

    3,396 3,634 3,888 4,160 4,451 4,763 5,096 5,453 5,835 6,243 6,680 7,148 7,648

    Rental CashFlow Cumulative

    3,396 7,030 10,918 15,078 19,530 24,293 29,389 34,842 40,677 46,921 53,601 60,749 68,398

    The summary above is based on a retail price index of 3% andcapital growth over 12 years at 7%.

    The property has been valued at 63,000 by a RICS surveyor, thereport is available upon reservation and finance approval.

    The rent assessment value at 450 has been approved by thesurveyor.

    We work in partnership with Professional Lettings who are ableto market the property for letting upon reservation .

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    AccommodationTormusk Road, Castlemilk, Glasgow, G45

    Three bed first floor flat in quiet residential area. Located within the Castlemilk area to the south of Glasgow, the property is ideally placed to benefit from the many amenities found within the local area.These include a wide selection of shops catering for all requirements as well as supermarket shopping.Locally there is a wide range of recreational pursuits and schooling is available locally at both primary andsecondary levels.

    Comprises

    Gas central heating and double glazing throughout the property.

    Hallway: Doors leading to all the rooms. Blue papered walls and laminate flooring. 2 good sized storagecupboards.

    Living room: Ample sized living area with cream papered walls and laminate flooring. Feature fireplacewith gas fire and wooden surround. Window to the front. Good sized storage cupboard.

    Kitchen: Excellent sized kitchen with wooden wall and base units and wooden work surfaces. Tiledsplashback and white papered walls. Stainless steel sink and drainer. Grey lino floor coverings. Door tothe balcony. Window to the rear.

    Bedroom 1: Good size double room currently being used as a dining room. Cream papered walls andnew black carpets. Window to the rear.

    Bedroom 2: Ample sized double room with white painted walls and purple papered feature wall. Newpurple carpets. Window to the front.

    Bedroom 3: Good sized double room with cream papered walls and beige carpets. Window to the front.

    Bathroom: Good size with 3 piece white suite. Tiled around the bath area and grey papered walls. Greylaminate flooring and window to the rear.

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    Sales Comparable

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    Rental Comparable

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    Neighbourhood ProfileOften, many of the people who live in this sort of postcode will be families and singleparents living in council flats. These are known as type 52 in the ACORN classification and0.86% of the UK's population live in this type.

    In addition to Glasgow, neighbourhoods fitting this profile are found in WestDunbartonshire, Dundee, Aberdeen and Edinburgh.

    This type is really only found in significant numbers in Scotland and, in particular,

    Glasgow. The vast majority of people live in purpose built flats, including traditionalScottish tenements. They are small one or two bedroom properties, and will be almostexclusively rented from the council or housing associations. The population is young andthere are many school age children with young parents. The level of single parents is oneof the highest in the country at 21%. With such young families, many women are fullyoccupied looking after their children. Unemployment levels are high. Those that areworking are in routine factory, manual or retail occupations, and overall income levels areamongst the lowest in the country. They have to consider their budgets when shopping forfood, and retailers such as Aldi and Kwik Save are where they choose to go.

    They also buy a lot of mail order goods from the traditional catalogue companies, so thatthey can spread their payments. With the limited money they are likely to have left, theywill occasionally relax by going to the pub or a nightclub for a drink, going to bingo orplacing a bet. Their most popular paper is the Scottish Daily Record, followed by The Sunand News of the World. TV is important to many and cable TV is popular. Otherwise, formany, their interest in their local football team is one of the things that matters most tothem.

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    Property Training Wealth Creation

    3 Bedroom ApartmentPackaged Property Deals , Leaving you time for more important things.

    293 Cashflow - 15,750 Equity 25% Discount

    Profit Warning - 163,036 (gross)