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Lease Option – Mablethorpe, Lincolnshire - £337 pm Cash flow

3 Bed Detached Bungalow


Packaged Property Deals, “Leaving you time for more important things.”

Lease Option Deal


12 Year Lease Option

MABLETHORPE, LINCOLNSHIRE
Financial Details
Accommodation comprises of:
Hall, Lounge, Kitchen, 3 Bedrooms, excellent condition

Structure of deal:

•Market value £145,750


•Investor price £130,000
•Discount from market value £15,750
•Estimated rent £540 per month (single let)
•Mortgage payments £203
•Investment required - £4,995+vat
•Legals included
•Rental profit £337 per month

Financial details:
Investment required is £4,995+vat

•With tenant buyer, cashflow rises to £950 per month


•Split household (multi-let with 4) rises £700 per month
•Return on investment in 16 months (on single let)
•Recommended & experienced solicitors used
•Reservation £1,000+vat
Sales Comparable
Rental Comparable
Neighbourhood Profile
Many of the people who live in this sort of postcode will be
young educated workers living in flats. These are known as
type 17 in the ACORN classification and 0.76% of the UK's
population live in this type.

Neighbourhoods fitting this profile are found in Scottish


cities such as Edinburgh, Glasgow, Aberdeen and Dundee,
and in English towns such as Brighton, Cambridge, Bath and
Southampton.

There are many young people in their twenties in these


densely populated areas. Most are working, but there is also
a significant number of students. The majority live on their
own in small flats, which will be either purpose built or
conversions. Given this type is often found in Scotland,
tenements will also be common. These young people are
well qualified, with levels of NVQs, A-Levels and degrees well
above average. They are early in their careers and have
modest incomes, which should continue to rise.

This does mean they are unlikely to have any financial


investments. Living close to the centre of activity, in terms of
both their work and recreation, there is little need for access
to a car. Public transport, cycling and walking are the main
options for getting around. Self-improvement and education
are important to this group and they devote free time to
both. They are busy people and enjoy socialising in bars,
restaurants and coffee shops on a regular basis. They do not
buy many newspapers, but The Guardian and Independent
are most popular.
Property – Training – Wealth Creation

Mark I’Anson Property


Packaged Property Deals, “Leaving you time for more important things.”

Mark I’Anson Property


183 Watling Street West, Towcester, Northants, NN12 6BX

COMPANY NO. 6904652 VAT REG NO. 972 0307 35

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