NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
NO LONGER AVAILABLE
REF_HKI3101
LEASE OPTION
Option Price:
Market Value:
Discount:
Term:
Option Deposit :
Option Payments:
NET Profit (PCM):
EST. NET PROFIT PA:
YIELD:
£54,000
£110,000
51%
8 .5 Years
£1
£200
£340
£4080
13%
Hotkey Invest are proud to present this fantastic 8 and a half year lease option in Birkenhead.
The option to purchase is set over 8 and a half years, which allows you to secure the property at today’s option price without finance for the option term. This enables you to benefit from potential capital growth as well as surplus rental income during the term.
This freehold mid terraced property comprises of 2 bedrooms, a kitchen, bathroom and lounge area.
The property is in need of a full refurbishment, a local builder in the area has quoted circa £20,000 for the full works to be carried out.
We believe once the property has been refurbished it can be rented for CIRCA £600 PCM.
A similar property on the same street is currently up for sale for £110,000 giving you a 51% discount on the purchase price in todays market.
Birkenhead is a town in the Metropolitan Borough of Wirral, Merseyside, England; historically, until 1974, in Cheshire. It is on the Wirral Peninsula, along the south bank of the River Mersey, opposite the city of Liverpool. At the 2011 census, it had a population of 88,818. Birkenhead is roughly 3 miles from Liverpool city center. This is accessible by train, foot, taxi or bus. KEY FEATURE
KEY FEATURES
8.5 Year Term
Lease option
13% Yield
Great Location
Freehold
3 miles to Liverpool center
51% below market value
A
FINANCIALS
(based on single family let)
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