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Mark I’Anson Property Ltd

“Packaged property deals to save you time for more important things”

Flat 1/2, 3 Ferguslie, Paisley, PA1 2QP

Property Type: 1 Bed Apartment


Accommodation compromises of:
Hall, lounge, kitchen, bedroom 1, bedroom 2, shower room

Structure of deal:

 Market value £40,000


 Investor price £30,000
 Discount from market value 25%
 Purchase price on contract will be full Market Value price
 Rental income £300 pm
 Rental yield of 12%
 75% LTV Mortgage available subject to status
 25% deposit provided through bridging facility
 Professional fees of £2,995+vat
 Investor to use recommended solicitor
 Lettings and management service available

Financial details:
Based on BM Solutions 75% LTV 4.60% interest rate. 2 year tracker

 Loan amount of £30,900 (including 3.0% arrangement fee)


 Monthly payments based on 4.60% interest rate of £118
 Rental income of £300 pm
 Cash positive rental income of £182 pm

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