On offer here is a proven and successful property investment model that is currently extremely popular with investors!
How does this investment work?
Firstly you choose your unit and complete the reservation forms and fee (£5,000) Then it goes to your solicitor to arrange the exchange of legal contracts where you will make your exchange payment. From then until the time your property is ready (December 2018) you will gain interest on your deposit at 5 or 7% depending on the amount you`ve exchanged with, the interest will be deducted from the final balance due. Upon completion you transfer the final funds and the property is your, please note this is a cash buy property for investment purposes.
How do I get my rent?
Your rent is guaranteed from the date you complete on your sale at 8% of the purchase price per year. For 5 years from this date you will get that rental return as a minimum paid into your bank, regardless of tenancy.
Your rent is net of any expenses including management fees, ground rent and service charge and is pure profit.
This will be guaranteed in your legal contracts.
What are my exit options?
The developer offers a guaranteed buy back and will purchase your property back from you at 120% of the price you paid in year 5 if you wish. You are also free to sell whenever you like, to whomever you like at any price you like - no one will dictate this for you however please bear in mind this is a student property. If you purchase the property through us, we offer a free of charge resale process for you so if you did need to sell, you don't need to worry about agency fees.
Prices from only £57,500. 8% net return after all expenses guaranteed each year for 5 years. 5% or 7% interest paid on all deposits. Fully furnished included in the price On-site facilities 120% Buy back No stamp duty payable! Completion December 2019
Property descriptions and related information displayed on this page are marketing materials provided by Property and Invest. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Property and Invest for full details and further information.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.