Ready Made Deal

3 Bed Semi Detached House in Chorley Lancs PR7 5 GONE

This property can be yours for as little as £1000. You should make over £200 per month in positive cash flow when rented. And this is over and above an instant equity of over £23k.

Number Crunching

Deal at a Glance
Property Type	3 Bed Semi
Market Value	£95,000
Purchase Price	£71,250
Discount	25.0%
Instant Equity	£23,750
Investment Type	Buy to Let

The deal can be structured with creative finance.

Investor to pay reservation fee of £1000. Other upfront expenses incurred by investor (but refunded on completion) are: valuation fee (direct to mortgage company,  unless buying cash) and own & vendor's legal costs.

So the net cost to investor for this deal is £1000.

Return on Investment
Your total investment for this deal	£1,000
Rent (per month)	£550
Mortgage payments (per month)	£330
Positive cash flow (per month)	£220
Return on initial investment	264%
Instant Equity from day 1	£23,750

So, what do we think?

We think that this is a cracking deal - regardless of your opinion of the ongoing  credit crunch. This is because of the following reasons:

• The property is expected to value at £95k. It was undoubtedly worth more than £95k about 18 months ago. However you are buying it at a massive discount off TODAY's price. And today's prices are already down by an average 15-20% from their peak.
• You get over £23,000 in equity at today's valuation. This is a massive cushion against any further house falls. House prices are already down but they will have to drop a further 25% for you to see this equity wiped out completely. Although we do not have a crystal ball to see which way property prices will go in the future, a further 25% drop scenario looks highly unlikely. Besides, even if they do fall, you are still making money every month from the rent.
• You should pocket over £200 every month when rented.
• We recommend you buy and hold this property for a few years and you should do well when prices rebound.

But then, this is just our opinion and your circumstances may be different. 

To register your interest in this deal, please fill in your details:  (our terms and conditions are below)  

Terms and Conditions:

• The Market Value quoted is provided in good faith and will be confirmed by the lender's valuer. 
• No information presented in these particulars constitutes or forms part of a contract, with the exception of the stated terms and conditions. 
• In respect of the costs you will incur that are not determined and administered by us, we have endeavoured to be as accurate as possible.  However these are subject to change at any time and may incur VAT where applicable. 
• To cause least disruption to the seller, you may view the property but only after the valuation has been booked.
• Reservation fees, once paid, are non-refundable if you pull out of the deal due to no fault of ours.
• We do not accept responsibility for any expenses or losses incurred by you. 
• BMV Club is not a licensed investment advisor or a licensed estate agent. 
• BMV Club is not authorised by the Financial Services Authority to provide investment or financial advice. 
• In paying the reservation fee you agree to our terms by default. 
• Please aks for full terms and conditions at the time of reservation.

Disclaimer:
BMV Club, their directors, affiliates, officers, employees, agents, contractors, successors and assigns (herein "BMV Club") 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 this information. The information and services provided by BMV Club do not constitute financial, investment or tax advice and should not be taken as such. BMV Club recommends you to obtain professional advice before proceeding with any investment. Whilst we take reasonable care to ensure that the information we provide is accurate and up to date, we cannot warrant that it is. Some products and services may be available at a lower or higher cost than quoted in this communication. If you would like a detailed mortgage illustration, please ask for a referral to one of our independent mortgage brokers. BMV Club promotes products and services specifically designed for use in the United Kingdom only.