pemberton house brochure

8/9/2019 Pemberton House Brochure

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Mark I'Anson Property Ltd

t: 08456 434 595

e: [email protected]

w: www.markianson.com

a: Towcester, Northant

blog: http://markiansonproperty.blogspot.com

facebook page: http://profile.to/markiansonpropert

Mark IAnson Property Ltd

London Apartment SE26

37,500 + instant equity AND 273 + cash flow per month

Mark IAnson Property Ltd2010

23/04/2010 Company No. 6904652 VAT Reg. No. 972 0307 35
http://c/Users/Mark/Documents/Mark%20I'Anson%20Property/Portfolios/Old%20Portfolios/Think%20Investment/London%20W4/Marketing%20Brochure/[email protected]://c/Users/Mark/Documents/Mark%20I'Anson%20Property/Portfolios/Old%20Portfolios/Think%20Investment/London%20W4/Marketing%20Brochure/[email protected]://c/Users/Mark/Documents/Mark%20I'Anson%20Property/Portfolios/Old%20Portfolios/Think%20Investment/London%20W4/Marketing%20Brochure/www.markinson.comhttp://c/Users/Mark/Documents/Mark%20I'Anson%20Property/Portfolios/Old%20Portfolios/Think%20Investment/London%20W4/Marketing%20Brochure/www.markinson.comhttp://markiansonproperty.blogspot.com/http://markiansonproperty.blogspot.com/http://profile.to/markiansonpropertyhttp://profile.to/markiansonpropertyhttp://markiansonproperty.blogspot.com/http://c/Users/Mark/Documents/Mark%20I'Anson%20Property/Portfolios/Old%20Portfolios/Think%20Investment/London%20W4/Marketing%20Brochure/www.markinson.comhttp://c/Users/Mark/Documents/Mark%20I'Anson%20Property/Portfolios/Old%20Portfolios/Think%20Investment/London%20W4/Marketing%20Brochure/[email protected]


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www.markianson.com Page | 2

MISREPRESENTATION ACT 1967 NOTICE: Mark IAnson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these s ales/lettings particula

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 o

the Mark IAnson Property Ltd 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 thes

particulars. 5) The Vendors and Lessors do not make or give and neither the Mark IAnson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever i

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 othe

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 Address:5th Floor Apartment, Pemberton House, High Level Drive, London, SE26 6BX


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Property and deal details

Property Type: 2 bed apartment (ex Local Authortity)

Age of Property: Built circa 1960

Construction Type: Brick over Standard Construction Concrete

Freehold or Leasehold? Leasehold - 125 years from 1989

Bedrooms: 2 bed

Bathrooms/toilets: 1

Reception rooms: two

Garden: n/anewly built childrens play area

Garage: n/a

Number of off-road parking spaces: off street parkingCentral Heating: Gas, full

Condition: Good

Ground Rent: 100 per annum

Service Charge (maintenance): 700 per annum

Rental Income: 700 (long term tenant on standard AST)

Market Value: 150,000 (approx. and based on lending banks valuation)

Investor Price: 112,500 (approx. and based on lending banks valuation)

Instant Equity: 37,500

Mortgage Payments: 427 (based on a current BM Solutions 4.55% product)Cash Flow: 273 positive per month/ 3,276 per annum

Investment Required: 1,000 reservation (can be paid on credit card)

Professional Fees: 6,995 in escrow until completion

Year End Position* 39,426 positive (equity growth+rent profit-mortgage payment)

Year 5 Position* 104,614 positive (equity growth+rent profit-mortgage payment)

*Illustration purposes only


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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's population 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 has 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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Sale Comparables


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Rental Comparables


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The Opportunity Investment Features Fees and buying process

25% BRV (below RICS Valuation)This means that whatever the valuation comes in at you will receive a 25% discount off that valuation.

Investment Features

25% off the RICS valuation. Positive cash flow. An excellent property in areas where renting is the norm. Rental management company in place to manage the properties. Completion within approx 4-8 weeks. Fully managed completion service.

Fees & Buying Process

Investor agrees to purchase. Professional fees invoiced by Mark IAnson Property Ltd. cc Agent. Professional fees paid by investor (bank transfer), reservation form signed & returned by post. Investor contacted by mortgage broker to achieve decision in principle from the lending bank . Mortgage forms returned by investor. Once successful, solicitors notified and contact investor. Surveyors instructed to carry out valuation.

Investors solicitors work towards exchange and completion.

Should investor not be accepted for finance, unsuccessful DIP a second choice investor to be informed of option to

purchase.


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Mark IAnson Property Ltd Terms and Conditions Policy

1 Definitionsa) The following definitions will apply to terms used

throughout this document unless the context in which a

term is used implies a meaning that is different to the

definition provided.

Mark IAnson

Property Ltd

Mark IAnson Property Ltd, affiliates, officers,

employees, agents, contractors, successors and

assigns.

Reservation

Request

An application made by or on behalf of a company,

entity, group or individual.

ReservationA prior right of purchase granted to a company,

entity, group or individual

PurchaserThe company, entity, group or individual being

introduced to a property vendors solicitor

Administration

Fee

A fee payable by the Purchaser due in respect of

the introduction of the vendors solicitor.

Reservation

Fee

A fee payable immediately by the Purchaser in

order to secure a Reservation.

Assessment

Period

A period of five full working days from the date a

Reservation fee has been paid by the Purchaser.

2 General Terms and Conditionsa) The Purchaser must have read and understood the

Reservation Form and read, understood and agreed to both

the disclaimer and the terms and conditions of the

Reservation Form before conducting any business with Mark

IAnson Property Ltd. If you are unsure about any terms,

please e-mail Mark IAnson Property Ltd for further

clarification.

b) By completing a Reservation Request and paying aReservation Deposit, it will be implied that you are agreeing

to the terms and conditions outlined in the Reservation

Agreement.

c) Most of the introductions offered by Mark IAnson PropertyLtd are subject to adherence with a strict payment and

contractual schedule. Failure to comply with the terms of

the stipulated schedule will invalidate the introduction and

lead to loss of monies paid. Therefore, please do not

proceed with any introduction or pay any monies out unless

you are in a position to comply with the stipulated schedule.

d)

Mark IAnson Property Ltd can accept payment via banktransfer, credit card, debit card or cheque. Mark IAnson

Property Ltd is unable to accept payment by cash or bankers

draft.

3 Reservation Procedurea) Reservation of an introduction grants to the Purchaser a

prior right of purchase. To reserve an introduction, the

Purchaser must pay a Reservation Fee, which consists of two

elements. The amount is stated on all marketing details and

is variable by vendor. The first element is non refundable

but is credited towards the introduction. The second

element is refundable should the vendor withdraw from the

sale.

b) The Purchaser must be ready to complete within 28 days ofthe Reservation being confirmed unless stated or agreed

otherwise. A Reservation is not confirmed until the

Purchaser has been notified in writing by Mark IAnson

Property Ltd and the agreed Reservation and Administration

Fees have been paid by the Purchaser.

c) The Purchaser will be notified of the full address of thevendor only when the agreed Reservation and

Administration Fees have been received by Mark IAnsonProperty Ltd. Upon receipt of the agreed Reservation and

Administration Fees the Purchaser will be granted an

Assessment Period of five working days during which time

the Purchaser may complete any due diligence and must be

satisfied that the introduction is sufficient and appropriate

for purpose. If the Purchaser wishes to withdraw from the

purchase during the Assessment Period, the Purchaser must

notify Mark IAnson Property Ltd in writing immediately. The

agreed Reservation and Administration Fees (less the

secondary element of the Reservation Fee of 500) will be

refunded in this event. Following the Assessment Period, i

the purchaser chooses to withdraw from the purchase no

refund will be given

The Administration Fee is non refundable except where the

vendor withdraws from the sale

No interest shall accrue to the Purchaser in the event of arefund of the Administration Fee.

d) Mark IAnson Property Ltd does not accept responsibility foany expenses or losses incurred by the purchaser in any

event including if the introduction fails to achieve a

valuation sufficient to that given in the promotion. Expenses

and losses include but are not limited to valuation fees

broker fees, legal fees and research fees.

e) The purchaser is responsible for performing his/her own duediligence in order to determine the introductions value and

suitability before accepting the terms and is given five

working days for this purpose. Should a vendor withdraw

from the sale, a suitable replacement property will be

presented.

f) Unless stated or agreed otherwise, it is a condition of theReservation that the Purchaser completes the purchase

using a solicitor and/or a mortgage advisor nominated o

approved by Mark IAnson Property Ltd. If a situation occur

where more than one applicant requests to reserve the

same property, the property will be allocated to a single

purchaser at the discretion of Mark IAnson Property Ltd

The decision to allocate an introduction to a particula

purchaser will be based on the merit of each applicants

request and perceived likelihood that the purchase wil

continue to completion. Mark IAnson Property Ltd wil

notify unsuccessful applicants either in writing (electronic o

otherwise) or by telephone. The decision of Mark IAnson

Property Ltd is final.

4 Disclosure of Informationa) Each party acknowledges and agrees that any information

relating to the other party's business which is not generally

known to the public is confidential and proprietary

information.

b) The purchaser agrees not to disclose the details of thevendor without prior written agreement from Mark IAnson

Property Ltd.

c) The Purchaser agrees not to disclose the details of thesourcing company to third parties without prior written

agreement from Mark IAnson Property Ltd, or to use the


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services of the sourcing company again without the

engagement of Mark IAnson Property Ltd.

5 Disclaimera) Mark IAnson Property Ltd is neither a licensed investment advisor

nor a licensed estate agent. Mark IAnson Property Ltd is not

authorised by the Financial Services Authority to provide

investment or financial advice.

b) The information on the website an in any other materialspresented by Mark IAnson Property Ltd is neither intended to be,

nor should be construed as, an invitation or inducement (direct or

indirect) to any person to engage in investment activities.

c) Every reasonable effort has been made by Mark IAnson PropertyLtd to ensure the accuracy of the information displayed on the

website and in any other materials presented by Mark IAnson

Property Ltd. whilst believed to be accurate, the information

provided is for guidance only. Mark IAnson Property Ltd makes

no representation and gives no warranties as to the accuracy of

the information provided and accepts no liability for any errors,

misprints or omissions (whether negligent or otherwise).

d) The Purchaser should not rely on the information orrepresentations of fact, but must satisfy himself through his

solicitor and by physical inspection in question or otherwise as to

their accuracy.

e) No person in the employ of Mark IAnson Property Ltd has theauthority to make or give any representation or warranty in

relation to the introductions. Mark IAnson Property Ltd shall not

be liable for any loss or damage whatsoever arising as a result of

any person acting or failing to act upon in formation provided.

f) Mark IAnson Property Ltd displays information aboutintroductions on behalf of third-parties for whom Mark IAnson

Property Ltd is either an agent or representative, and is therefore

not responsible for the validity of the details relating to

introductions shown.

g) Any areas, measurements or distances are approximate only. Anytext, photographs and plans are for guidance only and are not

necessarily comprehensive.

h) It should not be assumed that each introduction has all necessaryplanning, building regulations or other consents.

i) For all introductions, it should not be assumed that Mark IAnsonProperty Ltd has tested any services, equipment or facilities, and

the purchaser must satisfy himself by inspection or otherwise.

j) All off-plan particulars are prepared from preliminary plans andspecifications before the completion of each introduction and are

intended only as a guide. These may be changed during

construction and final finishes could vary. The purchaser should

not rely on this information and wherever possible, should

instruct a solicitor to check the plans and specifications before

exchanging contracts.

k) Mark IAnson Property Ltd is not responsible for future changes inthe market or market conditions. Past performance is not a guide

to future performance. The value can go up as well as down.

l) Mortgage applications are subject to individual status. Guaranteescannot be made that any particular applicant will obtain a

mortgage on the investments or the value of the mortgage they

will be able to obtain.

m) Guarantees cannot be made on the resale.

6 Governing Lawa) This Agreement shall be governed by and construed in

accordance with the substantive laws of the UK and theEuropean Union.

Copyright Notice WarningThis site comprises and contains copyrighted materials.

YOU MAY NOT DISTRIBUTE, COPY, PUBLISH OR USE THE IMAGES OR

ANY PART OF THE IMAGES IN ANY WAY WITHOUT EXPRESS

PERMISSION OF THE COPYRIGHT HOLDER. YOU MAY NOT ALTER,

MANIPULATE, ANY PART OF AN IMAGE WITHOUT CONSENT.

Copyright for all images remains with Mark IAnson Property Ltd..

Al enquiries regarding use of and purchasing prints and image use rights must be directed to the Copyright

holder.

All rights reserved. All images included herein this publication are the copyright and property of Mar

IAnson Property Ltd. All images and text are copyright in accordance with the terms of the United

Kingdom's Copyright, Designs and Patent Act 1988, and are protected under the United Kingdom Copyright,

Designs and Patent Act 1998, and international copyright laws and treaties. These laws impose substantia

penalties for infringement, and violators will be prosecuted to the full extent of the law.

The use of any images or other materials included herein , in whole or in part, for any purpose othe r than fo

the private purpose of the user, including, but not limited to, copying, reproduction, publication (includin

on Internet Web Site including third party web pages by any means, including "hotlinking", storage in a

retrieval system (other than internet browser), manipulation (digital or otherwise), or transmitted in any

form or by any means, electronic, mechanical, photocopying, recording or otherwise, is expressly prohibited

without the written permission of Mark IAnson Pr operty Ltd. All artistic and moral rights of the author ar

hereby asserted.