Flat for Sale : Derbyshire, Derby, England

Ideally located in a popular residential location of Derby this development represents excellent value for money and has strong local rental demand and resale alike. This development has been designed with a higher quality of tenant in mind, all units have allocated parking and come ready to rent.

Offered with £3,000 cashback on completion plus £7,800 Year one Rental guarantee all of which will be paid to you upon completion in February 2007 - just 7 months away! All this for just an initial investment of £6,000. This represents a return of 180% in seven months before capital appreciation is taken into account!

Reports based on 10 years' experience of market and economic analysis with a proven track record predict apartment prices in Derby are set to increase by 10.6% in the next year. If your property increases by this amount each year, it will be worth over £1/2 Million in less than 13 years - all for an initial expense of just £6,000, £3,000 of which is paid back to you on completion.

However, with these apartments you are not relying solely on capital growth. Unlike most low money down deals, these are cashflow positive from day one and rental income covers all outgoings and importantly produces a surplus each month.

Any investor looking to purchase one or more units will only need to pay an initial charge of £6,000 to purchase an apartment. This is your only expense until completion, at which point £3,000 cashback will be returned to you.

Your £6,000 covers all buying costs - you will not need to pay a penny more to fully own one of these exceptional apartments.

Investors for this development have two options which are as follows;

Option 1
- 11% discount
- Rental Guarantee of £650 per calendar month for first 12 months
- £3,000 cashback on completion

Option 2
- 15% discount
- 3,000 cashback on completion

We are extremely confident on predicted rental figures as similar apartments in the area are currently let for near to £700 per month. We also have an excellent letting agent in place with a proven track record who can fully manage these for 10% of rental.

We are also very confident in terms of prices and have plenty of comparables in the area which have sold for more than £140,00 over the last six months.

How it works;

TaBlEcOlsTaRt>The Traditional way

TaBlEcOlsTaRt>

TaBlEcOlsTaRt>This Structure

TaBlEcOlsTaRt>

TaBlEcOlsTaRt>Purchase Price

TaBlEcOlsTaRt>£140,000

TaBlEcOlsTaRt>Purchase Price

TaBlEcOlsTaRt>£140,000

TaBlEcOlsTaRt>Deposit

TaBlEcOlsTaRt>£21,000

TaBlEcOlsTaRt>Deposit

TaBlEcOlsTaRt>£ -

TaBlEcOlsTaRt>Stamp Duty

TaBlEcOlsTaRt>£1,400

TaBlEcOlsTaRt>Stamp Duty

TaBlEcOlsTaRt>£ -

TaBlEcOlsTaRt>Legal & Disbursements

TaBlEcOlsTaRt>£1,700

TaBlEcOlsTaRt>Legal & Disbursements

TaBlEcOlsTaRt>£1,700

TaBlEcOlsTaRt>Brokers Fees

TaBlEcOlsTaRt>£1000

TaBlEcOlsTaRt>Brokers Fees

TaBlEcOlsTaRt>£1000

TaBlEcOlsTaRt>Valuations

TaBlEcOlsTaRt>£300

TaBlEcOlsTaRt>Valuations

TaBlEcOlsTaRt>£300

TaBlEcOlsTaRt>Sourcing Fees

TaBlEcOlsTaRt>£ -

TaBlEcOlsTaRt>Sourcing Fees

TaBlEcOlsTaRt>£2500

TaBlEcOlsTaRt>Up Front Costs

TaBlEcOlsTaRt>£25,400

TaBlEcOlsTaRt>Up Front Costs

td>TaBlEcOlsTaRt>£6,000

A total saving of £19,400 providing equity on completion of £21,000



We now have very few apartments remaining in this exceptional development. For further details or to reserve, please enquire below