Buy to live or buy to let investment opportunity Discounted 3 Bed Flat (Camberwell, London SE5, P
Description
Incredible deal on a Camberwell London SE5 3 Bed flat. Ex Local Authority. Worth 225000 will sell for £195000 instant equity of £30000 Property Details 3 Bedroom flat 1 Reception 1 Bathroom 1 Toilet New Kitchen Bathroom Laminate floor throughout Central heating Double Glazing General condition Good Due Diligence (How the purchase works Market value £225000 Purchase price £195000 Instant equity value £30000 (Sales comparables within half a mile of this property (Rightmove) Sale comparable 1 Bethwin Road Camberwell SE5 3 bedroom flat £229950 Sale comparable 2 John Ruskin Street Camberwell 3 bedroom flat £225950 Sale comparable 3 Brandon Estate SE17 3 bedroom apartment £225000 Rental comparables within a mile of this property (Rightmove) Rental comparable 1 Forsyth House SE17 3 bedroom flat £350 pw Rental comparable 2 Penrose House SE17 3 bedroom flat £340 pw Rental comparable 3 Forsyth Gardens SE17 3 bedroom flat £340 pw The Deal Structure Market Value £225000 Buy to live mortgage 90 Ltv £202500 Buy to let mortgage 85 Ltv £191250 Rate (5.99 on interest only mortgage) Monthly mortgage on buy to live £1010.81 Monthly mortgage on buy to let £955 Rental £1472.20 340x4.33) Potential rental yield £517.20 pcm How to secure this deal This deal is on a " first come first served" basis Reply to the email call 07956 515 868 or request a call back email me quoting your tel number and the best time to call you back. Some questions answered Why is this flat for sale? There are a few financial commitments that need to be fulfiled. Is the building Ex Local Authority? Yes it is Is the building brick or concrete build? It is brick build Is the flat in a low rise or high rise block? Low rise 4 floors Is the flat split-level i.e. over more than 1 floor within the flat? No it s all on one level How long is left on the lease? 118 Years Is there a lift? No it is only 4 flights of stairs What s the service charge per year 890 Year Is the property vacant? Yes it is empty at the moment What are the fees involved? Stamp duty Solicitor fees Mortgage related fees Surveyor fee What about viewing? This can be done by appointment Please call 07956 515 868 to arrange this. What is the best price? Price £195000 No offers Is this price negotiable? No this is the final price How to secure this deal This deal is on a " first come first served" basis Reply to the email call 07956 515 868 or request a call back email me quoting your tel number and the best time to call you back.
Announcement ID: #127728
Published on 04-29-2008
Contact
- Type of sale:A la Compra
- Estado:Excellent