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BMV Property Agents

Golden House
Get your properties listed on our site for free! for more information Call Gina now on (+44) (0)1275 846662
BMV Property Investment Deal in Greenwich, London, London Borough Council

 


 
Property Ref: Greenwich33110112/85
Deal Status: Available
   

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

For more information on this property deal call John on
(+44) (0)1275 846662 or use our contact form

Below Market Value Property Deal

Desk Top Valuation of £140,000 - Available for £85,000
39% Discount on this Property!
£55,000 Equity on completion
£50 in fees for this deal
Deal Incentives
  • All Selling Fees Paid
  • Furnished
  • Lettings Managed Option
  • Net Price Purchase
  • New Build
  • Positive Cashflow
  • Staged Payments

Key Features

WALKING distance of the OLYMPIC VILLAGE and several Halls of Learning, this stunning development of under-graduate en-suite, studio apartments, over 5-floors includes full furnishings with kitchenette, TV and Internet. Common facilities include fully fitted kitchen, lounge with 42" plasma TV, laundry and on-site management. There is secure entry and store for bicycles. It is close to all amenities including rail and road links. With the completion date of November 2012 in mind, a developer deposit of £5,000 is required followed by £56,000 on Exchange (anticipated March/April), with the balance payable on proof of Certificate of Completion. There is a guaranteed 1st year rent of between £8,415-9,435. Annual service charge is between £1,600-1,750. RESERVE EARLY TO AVOID DISAPPOINTMENT. PICTURE IS ARTISTS IMPRESSION.

Features
  • Communal Grounds
  • Door Entry
  • Electric Heating
  • Good Decorative Order
  • Internet
  • NHBC Certificate
  • Newer Bathroom
  • Parking Space (off street)
  • Security
Area
  • Bus Route
  • Clubs
  • College
  • Hospital
  • Leisure Centre
  • Parks
  • Pubs
  • Restaurants
  • Schools
  • Shops
  • Supermarket
  • Town Centre under 5 miles
  • Train Station
  • Tube Station
  • University

Financial Breakdown & Particulars
Market Rent
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Valuation
£140,000
Purchase Price
£85,000
Yield
10%
Reservation Fee
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Particulars
Postcode: Register/Login
Land Title: Register/Login

Equity on Completion £55,000 with Deal Fees of £50*

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.