The Place, Bolton

One remaining block of 30 units to be built, the last block was completed in Dec 2008. The final phase will commence this year with a view to completion in Feb/Mar 2010

LATES

T

• North West units - pre release details for investors • Final phases at a popular development in Bolton • Completion due Feb/Mar 2010 • Excellent rental yield, current units attracting £400 - £425

Plot Floor Apt Type Sq Ft Bed Bath

157 Ground Hayle 649 2 2

158 Ground Knightsbridge 634 2 2

159 Ground Knightsbridge 634 2 2

160 Ground Hayle 649 2 2

161 First Hayle 649 2 2

162 First Knightsbridge 634 2 2

163 First Knightsbridge 634 2 2

164 First Hayle 649 2 2

165 Second Hayle 649 2 2

166 Second Knightsbridge 634 2 2

167 Second Knightsbridge 634 2 2

168 Second Hayle 649 2 2

169 Third Hayle 649 2 2

170 Third Knightsbridge 634 2 2

171 Third Knightsbridge 634 2 2

172 Third Hayle 649 2 2

173 Ground Tamar 572 2 1

174 Ground Severn 605 2 1

175 Ground Teign 653 2 2

176 Ground Tamar 572 2 1

177 First Tamar 572 2 1

178 First Severn 605 2 1

179 First Teign 653 2 2

180 First Tamar 572 2 1

181 Second Tamar 572 2 1

182 Second Severn 605 2 1

183 Second Teign 653 2 2

184 Second Tamar 572 2 1

Plot information

Pre release investor deals:

£68,500 per unit

Purchase fee £7,350 payable immediately (10% deposit taken off the price plus £500 set up)

Net fee to finance

£61,650

Plot information

Example / Illustration for professional use only

Plot Floor Type Sq Ft Beds Bath Price

157 Ground Hayle 649 2 2 £68,500

65% loan Payment Expected % Deposit Set Up Total Fee

£44,525 £171.98 £400 -£425 7% to 7.5% £6,850 £500 £7,350

Mortgage Rental Yield Fees required immediately

BM Solutions 25yr interest only Buy to let product, 1 yr tracker- BBR plus 4% Full product details available on request

Ground rent £125, Service Charge £780

Current lending terms generate repayments from £171.98

Current rental deals are generating

£400 to £425

Plans available on request

Plot information

Due Diligence

The Place, Bolton : mortgage transaction price & valuation in Dec 2008, £107,000

1 Eagley Brook Way, Bolton, £125,674

Trovit homes, Eagley Brook 1 bed apartment £119,950

Rightmove, Elan Homes 2 bed apts £94,995 & £99,995

www.belgraviawm.com

Search: BL1 8TS 27TH August 2009