Freephone: 0800 043 6956 Email: info@freshinvest.co.uk
Fresh Invest
Fresh Invest
Discounts on a scheme with a real community spirit - easy to attract tenants Barnaby Chamberlain Sales assistant
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In detail
The Opportunity
Fresh Invest are pleased to offer investors the opportunity to purchase just 2 x 1 bed freehold houses in the town of Newark in the East Midlands.
The apartments are significantly below market value and represent an opportunity for the investor to benefit from the strong rental demand on site and also the discounts available. The apartments are due for completion in September 2010 which leaves the investor plenty of time to arrange a mortgage.
Financial Example
1 bed house 378 sq ft - £63,995
- Deposit needed - £12,799
- Rent - £425 pcm
- Mortgage - £51,196
- Mortgage Payments - £200 pcm
- Mortgage - 80% LTV @ 4.69% fixed*
- Maintenance charge - £25 pcm
- Positive Cash flow - £200 pcm (£2,400 per year)
*Please for details of our mortgafge broker.
The Development
The houses are located in a large development that has a community atmosphere. With many open green areas including football pitches and tennis courts. These will be an easy let to any tenant and local letting agents assure us of the strong demand in the local market at present.
The Location
The development is located just on the outskirts of the town at only 2.48 miles from the town centre and is in very close proximity to local schools, supermarkets are only a short drive away. The City of Nottingham is only 14 miles away by road and the A1 runs close to the development so communications with many other cities North or South are easy.
The Next Step
Request the brochure from us which details available apartments, floor plans, pictures and the exact location.
Once you have decided upon your chosen unit contact us and we will take you through the quick and easy reservation process.