park road, ardrossan bmv brochure with £2,000 cash back

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  • 8/6/2019 Park Road, Ardrossan BMV Brochure with 2,000 Cash Back

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    15,000 Instant Equity 30% Discount - 2,000 Cash Back

    1 Bed Apartment with 2,000 Cash Back

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

    30% BMV Deal- 47,784 Gross Profit

    Park Road, Ardrossan, West Coast, Scotland

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    Accommodation: Park Road, Ardrossan, KA22Lounge, Kitchen, 1 Bedroom, Bathroom, 2,000 cash back

    Structure of deal:

    Investor price 35,000 (30% Discount)

    Current rent 300 per monthMonthly payments 116 (dependant on mortgage product)

    Investment required 3,995+vat

    Legals included

    Rental profit 184 per month

    Valuation 50,000 (plus 2,000 cash back on completion)

    Financial details:

    Investment required is 3,995+vatProfit (gross) example = 47,784 (12 year illust.)

    Capital Growth (3%) = 21,288

    Rental Profit (gross) for term - 184x12x12 = 26,496

    Recommended & experienced solicitors used

    Reservation 1,000+vat

    Financial Details

    Entrance Hall: Good sized entrance hall with blue carpet and neutral decor.

    Lounge: Good sized lounge with gas fire and feature alcove. Red carpet and peach wallpaper. Kitchen

    off.

    Kitchen: Basic galley style kitchen with oak cabinets and dark tops. Partially tiled and papered. Slot in

    electric cooker.Bedroom: Good sized double bedroom with large storage cupboard. Purple carpets and blue paper

    decor.

    Shower Room: Good sized shower room with w.c. , wash hand basin and shower cubicle (white suite).

    Lino floor. Neutral decor.

    Communal Garden to the rear of the property.

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    More Photos

  • 8/6/2019 Park Road, Ardrossan BMV Brochure with 2,000 Cash Back

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    Sales Comparable

  • 8/6/2019 Park Road, Ardrossan BMV Brochure with 2,000 Cash Back

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    Rental Comparable

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    Neighbourhood Profile

    Often, many of the people who live in this sort of postcode will be singles and singleparents living in high-rise estates. These are known as type 54 in the ACORN classificationand 0.99% of the UK's population live in this type.

    Neighbourhoods fitting this profile are most heavily concentrated in Scotland, in Glasgowand Dundee in particular. In England it can be found in Plymouth, Bristol and Sheffield.

    This type comprises mostly single people of different age groups, living in blocks of flats,

    especially in Scotland. Single person households predominate. They are a mixture ofyoung adults, single parents with children under five and retired people. There are relativelyew traditional families and middle-aged people. 75% of residents live in purpose built flats,

    mostly rented from the local authority. Flats are small, usually one or two bedrooms, andmany are in tower blocks. Unemployment is the highest of any ACORN type at two and ahalf times the national rate.

    Long-term illness is high. Those in work are likely to be employed in shops and in manualand factory jobs. This reflects the generally low levels of qualifications in this type. Incomesare low and people have very low levels of savings. Car ownership is understandably low

    as well, with most people dependent on public transport and walking. Horse racing, football,bingo and listening to music are popular leisure interests. The Daily Record, The Sun andNews of the World are popular newspapers.

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    Property Training Wealth Creation

    1 Bed Apartment with 2,000 Cash Back

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

    15,000 Instant Equity 30% Discount - 2,000 Cash Back

    Profit Warning - 47,784 (gross)