3 Bed House, Birmingham, £24,500 Discount

Investment Highlights

  • 3 Bedroom Freehold House
  • Garden, Conservatory & Garage
  • Good Condition
  • Market Value: £123,000
  • Investor Price: £98,500
  • 24,500 Below Market Value
  • Yield: 7%
  • 25 Minutes to Birmingham City Centre
  • 5 minutes from Redditch Town Centre


Please enquire for further details.

Tel:    02089 409 556

Email: Info@ventispropertyinvestment.com

SOLD – 3 Bed Semi-Detached House, Kidderminster – £85k – 8.1% Yield

General

  • 3 Bedroom semi-detached house with front and rear gardens
  • 1.5 miles from town centre
  • Tenants in place
  • 8.1% Yield

Purchase Figures

  • Purchase Price: £85,000
  • Market Value: £105,000 – £110,000
  • Instant Equity Gain: £20,000 – £25,000

Monthly Cash-Flow

  • Rental Income: £575 per month   (currently tenanted)
  • Mortgage Payments £231     (based on 75% LTV at 4.35%)
  • Insurance: £10
  • Profit: £334


Please enquire for further information.