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#Business ID: 10867

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30% Discount from RICS on these High Specification New Build Apartments

Business Location: Meadowvale, South Yorkshire, England

Asking Price: £ under 100k Revenue: £ under 100k Cash Flow: £ 0 to 100k

Business Summary

Today's difficult property market is throwing up some juicy deals for astute investors, of which this is one. A one-bedroom flat from a quality builder at 30% discount from a recent Royal Institute of Chartered Surveyors (RICS) valuation is a stunning deal whichever way you look at it.
Add in a net price of c. £59,000 and an enticing yield of 8% and every investor building a 'value based' portfolio should tuck one of these units away.
Highlights:
• 30% discount from RICS
• Invest from just £59,497
• Circa 8% yields
• High specification one-bed flats
• Developed by Shepard Homes
• Remaining National House-Building Council (NHBC) warranty
• Popular commuter area of Rotherham with 120k population
• £2billion planned private investment in area

We have very limited availability of units at these prices. The flats are being offered on-site by the developer at full price and most have been sold to owner occupiers.

Property Details

Property Type:

Real

Other Business Details

Business Location:

Meadowval Rotheram

Premise Details:

High-spec one-bed apartments from just £59,497: These are high-spec, new build, one-bedroom apartments starting from just £59,497. This is an exceptionally-low purchase price for a high-spec flat! Plus, if you are investing with mortgage finance, your own capital requirement would start from around just £21,000 (with 65% loan-to-value) - a remarkably-low entry point for UK property and making these neat units a perfectly affordable addition to any portfolio. 30% discount from recent RICS valuation: We have a Royal Institute of Chartered Surveyors (RICS) valuation report from February 2012, showing a 30% discount with our special investor price. This equates to savings of up to almost £26,000! The developers are selling on-site at market value and this level of discount is available to Axis clients. Circa 8% yields: 8% yields are desirably-rare for UK property and this further demonstrates the value of achieving such a low purchase price for a high quality investment property. This means that even factoring in mortgage payments (if you take finance), you will still be making net passive income of over £2,000 per year (almost £4,000 net profit per year in passive income if you purchase with cash). Developed by Shepherd Homes: The development has been constructed by Shepherd Homes, part of one of the largest, family-owned, private companies in the UK building industry, with over 100 years’ experience in producing skillfully-designed homes of sound construction. The units also come with a National House-Building Council (NHBC) warranty for further Invest from just £59,497 for cash Invest from just c. £21,000 with finance 30% discount from RICS* valuation Circa 8% yields High specification one-bed apartments Developed by Shepherd Homes Remaining NHBC** warranty Exclusive to Axis clients at this discounted price! The development has been constructed by Shepherd Homes, part of one of the largest, family-owned, private companies in the UK building industry, with over 100 years’ experience in producing skillfully-designed homes of sound construction. The units are in four storey blocks and are classified as new build, have National House-Building Council (NHBC) warranties and come with their own parking spaces. They are leasehold on 125 year leases from 1􀇥􀇦 July 2009 and many of them have already been sold to owner-occupiers. Specifications: One bedroom Fitted kitchens Washer/dryers included Oven / hobs included Recessed downlighters Modern fitted bathrooms Gas fired central heating (individal boilers) Telephone points to lounge and bedroom Intruder alarm systems Beech effect flush doors Chrome door furniture Important investor note: The images shown for illustrative purposes are of the show flat in the development. The units for sale require floor dressings to make them tenant

Competition:

Excellent location: These flats are perfectly positioned close to the national motorway network, M1 and M18 and within easy reach of major cities like Sheffield and Doncaster. The Peak District national park is only 30 minutes away.

Expansion Potential:

Major regeneration area: With £2 billion of inward investment the area around Rotherham is benefiting from massive development of the local infrastructure and facilities.

Living Accommodation?

High-spec one-bed apartments from just £59,497: These are high-spec, new build, one-bedroom apartments starting from just £59,497. This is an exceptionally-low purchase price for a high-spec flat! Plus, if you are investing with mortgage finance, your own capital requirement would start from around just £21,000 (with 65% loan-to-value) - a remarkably-low entry point for UK property and making these neat units a perfectly affordable addition to any portfolio. 30% discount from recent RICS valuation: We have a Royal Institute of Chartered Surveyors (RICS) valuation report from February 2012, showing a 30% discount with our special investor price. This equates to savings of up to almost £26,000! The developers are selling on-site at market value and this level of discount is available to Axis clients. Circa 8% yields: 8% yields are desirably-rare for UK property and this further demonstrates the value of achieving such a low purchase price for a high quality investment property. This means that even factoring in mortgage payments (if you take finance), you will still be making net passive income of over £2,000 per year (almost £4,000 net profit per year in passive income if you purchase with cash). Developed by Shepherd Homes: The development has been constructed by Shepherd Homes, part of one of the largest, family-owned, private companies in the UK building industry, with over 100 years’ experience in producing skillfully-designed homes of sound construction. The units also come with a National House-Building Council (NHBC) warranty for further Invest from just £59,497 for cash Invest from just c. £21,000 with finance 30% discount from RICS* valuation Circa 8% yields High specification one-bed apartments Developed by Shepherd Homes Remaining NHBC** warranty Exclusive to Axis clients at this discounted price! The development has been constructed by Shepherd Homes, part of one of the largest, family-owned, private companies in the UK building industry, with over 100 years’ experience in producing skillfully-designed homes of sound construction. The units are in four storey blocks and are classified as new build, have National House-Building Council (NHBC) warranties and come with their own parking spaces. They are leasehold on 125 year leases from 1􀇥􀇦 July 2009 and many of them have already been sold to owner-occupiers. Specifications: One bedroom Fitted kitchens Washer/dryers included Oven / hobs included Recessed downlighters Modern fitted bathrooms Gas fired central heating (individal boilers) Telephone points to lounge and bedroom Intruder alarm systems Beech effect flush doors Chrome door furniture Important investor note: The images shown for illustrative purposes are of the show flat in the development. The units for sale require floor dressings to make them tenant

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