Refurbed, 3 Bedroom Terraced House in Co. Durham

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  • 8/3/2019 Refurbed, 3 Bedroom Terraced House in Co. Durham

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    20,000 Equity 25% DiscountJoint Venture Deal

    3 Bed Terraced House - RefurbedPackaged Property Deals, Leaving you time for more important things.

    161,262 Gross Profit

    Co. Durham

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    Accommodation: Tynedale Terrace, Annfield Plain, Co, DurhamHall, Lounge, Kitchen, 3 Bedroom, Bathroom, Refurb ConditionStructure of deal:

    Investor price 60,000

    Current rent 325 per monthMonthly payments 155

    Investment required 2,000Legals includedRental profit 170 per month

    Valuation 80,000

    Financial details:Investment required is 2,000

    Profit (gross) example - 161,262

    Capital Growth - 120,175

    Rental Profit (gross) for term - 41,087

    Recommended & experienced solicitors used

    Reservation 2,000 (paid on completion)

    Financial Details

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    Executive Summary

    The property can be let by our

    letting partners, Professional

    Letting if required

    The executive summary above has presumed a Retail Price Index (RPI) of 3% (gross) and capital

    growth at 7% over 12 years of ownership

    Learn how to source your own at Property Sourcing 101

    Link for the manual is below

    http://www.eventbrite.com/event/2193567018

    Purchase % Discount Initial Value - 2011 Montly Mortgage Monthly Rent PROFIT in 2023 Inc R

    60,000 25% 80,000 155 325 120,175 161,

    11 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 202

    rease 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7% 7%

    Future Value - Predicted

    000 85,600 91,592 98,003 104,864 112,204 120,058 128,463 137,455 147,077 157,372 168,388 180,

    Rental CashFlow - Annual

    040 2,183 2,336 2,499 2,674 2,861 3,061 3,276 3,505 3,750 4,013 4,294 4,5

    Rental CashFlow Cumulative

    040 4,223 6,558 9,057 11,732 14,593 17,654 20,930 24,435 28,186 32,199 36,492 41,0

    http://www.eventbrite.com/event/2193567018http://www.eventbrite.com/event/2193567018http://www.eventbrite.com/event/2193567018
  • 8/3/2019 Refurbed, 3 Bedroom Terraced House in Co. Durham

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    Accommodation

    Recently refurbished, 3 bedroom, mid terraced property

    with all new carpets, providing an ideal family home.

    Enclosed front garden, yard, with off road parking, gas combi

    central heating and full uPVC double glazing.

    Entrance lobby, lounge with fireplace, new fitted kitchen

    with appliances and dining area.

    To the first floor are 3 bedrooms and new family bathroom

    suite.

    The property has also had a new damp course, facias,

    downpipes and guttering fitted.

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    More Photos

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    Sales Comparable

  • 8/3/2019 Refurbed, 3 Bedroom Terraced House in Co. Durham

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    Rental Comparable

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    Neighbourhood ProfileOften, many of the people who live in this sort of postcode will be wealthy commuters living invillages. These are known as type 3 in the ACORN classification and 2.7% of the UK's population

    live in this type.

    Neighbourhoods fitting this profile are found throughout the shire counties, especially in

    Oxfordshire, Cambridgeshire, Gloucestershire, Warwickshire as well as in Surrey, Hampshire and

    Sussex.

    This type of postcode comprises wealthy people living in rural villages, predominantly in the shire

    counties of England. Given the rural nature of these areas, there is some agricultural employmentbut most residents are affluent, well educated professional people employed in senior managerial

    positions. There is also more working from home in this type. Residents tend to be older, aged

    45+, with fewer children and more retired people. Housing is spacious, with four or more

    bedrooms, mostly detached and at the upper end of the property price ladder. Reflecting the

    older age profile, more properties are owned outright than being bought on a mortgage. Car

    ownership is high with more people commuting by car than by rail. Two or more cars per

    household is common, with high value cars being the norm. These are financially astute

    householders, with high levels of ownership of stocks and shares, unit trusts and guaranteed

    income bonds. The Internet is used to research and purchase financial products as well as cars,

    holidays and other products. Leisure interests include walking, bird watching, the fine arts,

    antiques, classical music and the opera. Membership of the National Trust is also popular.

    Favoured newspapers tend to be the Telegraph, The Times and Financial Times.

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    Property Training Wealth Creation

    3 Bedroom Terraced House - RefurbPackaged Property Deals, Leaving you time for more important things.

    20,000 Equity 25% DiscountJoint Venture Deal

    Profit Warning - 161,262 (gross)