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Lease Option Deal - Multi Let / HMO property High cashflow - £15,720pa

Last post 03 Feb 2010, 3:08 PM by shah007. 0 replies.
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  •  03 Feb 2010, 3:08 PM 974925

    Lease Option Deal - Multi Let / HMO property High cashflow - £15,720pa

    Lease Option Deal - Multi-Let property converted to 4 lettable rooms producing £15,720pa

    Wolverhampton Road, Oldbury, Birmingham, B69 4RY

    3 bed semi-detached, 2 receptions, upstairs bathroom, kitchen, gardens and driveway.

    Market Value £125,000
    Contract Price £110,000
    Equity £15,000

    Option Term 3 years

    Monthly Lease Payment: £500 per month
    Currently Tenanted: £1,310 pcm
    Cashflow £810 pcm


    Broker Fee £7,500
     

    Please contact me for futher details.

     
    Thanks,


    Shah


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