- Area: Birmingham
- Property Type: Terrace
- Valuation: £210,000
- 2 Reception Rooms
- Kitchen/Diner
- Utility Room
- 5 Bedrooms
- Bathroom
Last weeks Spending Review
may have put many property owners off investing in property, especially with
the changes to housing benefits and the Shared Room Rate. However, while they
may be reluctant to buy, YOU can offer them a safe and affordable solution: buy
to let.
Take this 3 storey 5
bedroom terrace in Birmingham…
Comprising of 2 receptions
rooms, a kitchen/diner, a utility area, 5 spacious bedrooms and a bathroom;
utilise one of the properties additional reception rooms and you can easily use
this room to boost its rental returns by a further £380 per month.
And as the example below
clearly proves, invest in the right property and with the help of our financial
experts it is possible to negotiate a 23.8% discount, invest Low Deposit Down
and save £50,000 on your investment.
£210,000
Property List Price
The Property Mentor Finance Team will find you The Best Mortgage Deal
£160,000
Final Property Price
£1,600
Stamp Duty£538 Mortgage Repayments
Cash Back On Purchase£0
Monthly Positive Cash Flow£462 p/m
Offering average rental
prices of £1,000 a month, even after its mortgage payments of £538 (based on an
interest only deal of 4.1% on a 75% LTV), you can still walk away with a
positive cash flow of £462 every single month.
However, taking advantage
of the properties extra living space and this can be increased to £842 – more
than enough to recoup your legal costs in less than 2 months!
All we ask is that you
give us just 2 hours of your time and during our FREE 2 hour taster session,
our property experts will show you how to:
- Negotiate average discounts of 18.3%
- Earn £200-£1,000 in positive cash flows EVERY
SINGLE month
- Make some of your income 100% TAX FREE
- Invest using little, if any, of your own money
And with property advisors
predicting that the flatsharing population will rise by 9.4% in the next year
(including students), you’ll never be short of a tenant supply.
So why not let us at
Property Mentor help you to become the property investor you know you can be
and attend on of our FREE 2 hour taster sessions? From student let to families
to couples, demand for property lets is growing and with the right strategies
you can supplement this need.