Home > Current Deals, Property Investment Blog > SOLD – Leicester City Centre Flats 25% Below Market Value

SOLD – Leicester City Centre Flats 25% Below Market Value

November 20th, 2009


Deal Summary

  • 4 Flats Available
  • 1,2 and 3 bedrooms
  • 25% Below Market Value
  • Leicester City Centre Location
  • Excellent Rental Market
  • Cashflow positive
  • New leases of 99 years

Deal Structure

The structure we have put in place enables our clients to purchase these properties at a  discount of 25%, which represents instant equity between £18,000 and £20,000. Furthermore the rental income will exceed the mortgage payments, thereby generating a monthly positive cashflow.

Here is a 2 bed example:

2 Bed Flat

Valuation:                         £75,000

Discount:                             25%

Purchase Price:                 £56,250

Instant Equity:                £18,750

Monthly Cash-flow

Rental Assessment:              £450

Mortgage  (BM 4.35%):         £204

Ground rent &Service charge £ 41

Profit                                    £205


The flats are very well situated in Leicester city centre with all its amenities including shops, restaurants, bars and extensive leisure facilities. Leicester train station with direct links to London, Birmingham and Nottingham is only 400 yards away.  The M1 motorway is the gateway to London to the south as well as Nottingham, Sheffield and Leeds to the north.

The centrality and convenience of the location means there is a very buoyant rental market for these flats.


Living roomBedroom

To obtain further information about this deal,  please contact us by

E-Mail:  Info@ventispropertyinvestment.com

Phone: 0208 940 9556

Comments are closed.