bethnal green bmv brochure mip
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8/8/2019 Bethnal Green BMV Brochure MIP
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£25,000 Instant Equity Cash flow £412pm Bethnal Green, E2
Studio Apartment, London, E2 Packaged Property Deals, Leaving you time for more important things.
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MISREPRESENTATION ACT 1967 NOTICE: The company work for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars as a
general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of the
sourcing company or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the service,
appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the sourcing company nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in relations to
this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other expenditure incurred
including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
Property Details Holman House, Roman Road, E2 0QZ
Accommodation comprises of : Hall, Lounge, Kitchen, BathroomConveniently located for the amenities of Roman Road and easy access to the City
and Docklands, this spacious, fourth floor studio flat enjoys a light and airy interior.
The property comprises sizeable studio room, newly refurbished kitchen and smart
bathroom. Roman Road is situated in proximity to the green open spaces of Victoria
Park,Mile End conservation area and the picturesque walkways of Regent's Canal.
There are also swift links to the Docklands and the City with A11, A12 and A13 roads
found within easy reach. Further transport links include Bethnal Green Underground
Station (Central Line) and reliable bus routes into the City and the West End.
Structure of deal:
Market value £190,000
Investor price £165,000
Discount from market value 14%
Estimated rent £1,100 per month (single let)
Mortgage payments £687.50
Investment required - £7,995+vat
Legals included Rental profit £412.50 per month
Financial details:
Investment required is £7,995+vat
With tenant buyer, cash flow rises to £950 per month
Return on investment in 18 months Recommended & experienced solicitors used Reservation £1,000+vat
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MISREPRESENTATION ACT 1967 NOTICE: The company work for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars as a
general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of the
sourcing company or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the service,
appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the sourcing company nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in relations to
this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other expenditure incurred
including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
Photos
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MISREPRESENTATION ACT 1967 NOTICE: The company work for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars as a
general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of the
sourcing company or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the service,
appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the sourcing company nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in relations to
this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other expenditure incurred
including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
Neighbourhood Profile
Often, many of the people who live in this sort of postcode will live in multi-ethnic purpose
built estates. These are known as type 55 in the ACORN classification and 1.1% of the UK'spopulation live in this type.
Neighbourhoods fitting this profile are mostly found in Inner London, in areas such as
Southwark, Hackney, Lambeth and Tower Hamlets. There are also similar areas in central
Glasgow. These are some of the most densely populated urban areas in the country, and are
characterised by a young, multi-ethnic population living in purpose built blocks of flats, some
of which are high-rise. Over 20% of the population are Afro-Caribbean.
They rent their small, one and two bedroom flats from the council and housing associations,and there is a high degree of overcrowding. Almost 60% of households are single people,
including some single pensioners. There are average levels of children, but more than half of
them live in single parent households.
Unemployment levels are high and a significant proportion have been looking for work for
some time. Employment tends to be in low skilled occupations and incomes are low. Students
form 10% of the population in these areas. Like most young people they are interested in
music, fashion and arts such as community theatre.
Like all urban types, newspapers are popular. Readership is diverse and includes the Daily
Mirror, Daily Sport, The Guardian and Independent.
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MISREPRESENTATION ACT 1967 NOTICE: The company work for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars as a
general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of the
sourcing company or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the service,
appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the sourcing company nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in relations to
this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other expenditure incurred
including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
Rental Comparables
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MISREPRESENTATION ACT 1967 NOTICE: The company work for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars as a
general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of the
sourcing company or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the service,
appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the sourcing company nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in relations to
this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other expenditure incurred
including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
Sales Comparables
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MISREPRESENTATION ACT 1967 NOTICE: The company work for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars as a
general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of the
sourcing company or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the service,
appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the sourcing company nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in relations to
this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other expenditure incurred
including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
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