Cash Purchase Only BMV Property Investment Deal in Folkestone, Kent

 





 
Property Ref: Folkestone2130710/120
Deal Status: Sold
   

Vacant Properties are available to buy as a home - contact us for details

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Below Market Value Property Deal

Valuation of £120,000 - Available for £80,000
35% Discount on this Property!
£Register/Login Cashflow p/m
£120,000 Equity on completion
£84,745 Cash investment required!
Deal Incentives
  • Cash Purchase Only
  • Legal Fees Paid
  • Lettings Managed Option
  • Positive Cashflow
  • Refurbishement Required
  • Valuation Fee Paid

Key Features

EST. VALUE AT £135,000 AFTER REFURB'/this 3-bed, end-terrace townhouse requires full refurbishment. Over two floors it includes separate sitting room, dining room and kitchen on the ground floor with three bedrooms, bathroom and separate w.c. on the first floor. The town offers extensive amenities including many shops, bars, restaurants, cafes, schools, college, sports centre/ski school, cinema and the Leas Promenade with concert hall. On the sea front there is an active bandstand, landscaped gardens, historic cobbled fishing harbour and the White Cliff country park. Two main-line rail stations serve London under an hour away. The M20 is 1-mile to the west. Surrounding towns and villages offer additional interest including golf, bicycle routes, water sports and the north downs. Estimated cost of refurbishment £15,000.

Features
  • Double Glazing
  • Gas Heating
  • On Street Parking
  • Rear Garden
Area
  • Beach
  • Bus Route
  • College
  • Hospital
  • Local Shops
  • Major Supermarket
  • Motorway Link
  • Schools
  • Town/City Centre under 5 miles
  • Train Station

Financial Breakdown & Particulars
Target Rent
Register/Login
Valuation
£ 120,000
Purchase Price
£80,000
Yield
10%
Deposit Required
Register/Login
Finders Fee*
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Packaging Fee*
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Broker Fee
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Reservation Fee
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Refurbishment Costs
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Particulars
Postcode: Register/Login
Land Title: Register/Login

Equity on Completion £120,000 with a total cash investment by you of £84,745*

Mortgage applicants combined income should be in excess of £25,000 pa

* (excluding VAT, Stamp Duty if applicable and legal disbursements)

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Disclaimer ~BMV Property Investment Deals is the trading style of Property Angels International. BMV Property Investment Deals, their partners, affiliates, officers, employees, agents, contractors, successors and assignees do not accept any liability for any investment decisions made on the basis of, arising out of, or in any way related to, the use of information contained in this email. All information and services provided do not constitute financial, investment or tax advice and should not be taken as such and you are urged to obtain professional advice before proceeding with any investment. Information is presented in good faith as our partners provide it to us but we cannot vouch for its accuracy nor can we be held responsible if such information is deemed to be inaccurate. No responsibility is accepted by BMV Property Investment Deals for any reservation refund guarantee as provided by any partner and in all cases any refund or recourse for a refund is solely with that company. BMV Property Investment Deals is not a licensed investment advisor or licensed estate agents nor authorised by the Financial Services Authority.

Property Misdescriptions Act 1991
In accordance with the Property Misdescriptions Act 1991, these sales particulars are for general guidance purposes only. They do not constitute nor form part of an offer or contract. No structural survey has been carried out. All photographs, descriptions and investment details are given as a guide only, and must not be relied upon. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor in the usual way.

Mortgages are subject to status and your property is at risk if any loan is secured upon it.