Fair Rents (Scotland) Bill or Artificial state manipulation of free market rent?10:34 AM, 6th November 2020
About 4 weeks ago 36
PIP is delighted to launch 3 bed, 2 bath new build houses in Hull for the discounted price of only £138,000.
These properties have been discounted by 11% off current list prices and include flooring, turf and fencing included in the price. According to letting agents, Leef Property Management, these properties are in a high demand rental location and will achieve rental yields of up to 6%.
This illustration is based on a purchase price of £138,000 and an LTV (Loan To Value) of 75% and a 25% deposit of £34,500.
This gives a potential return on deposit monies invested of up to 16%.
(Based on Birmingham Midshires, Buy-to-Let 2 Year fixed at 1.84%)
Please note; the figures provided are for illustrative purposes only and may be subject to change, dependent on individual circumstances and the mortgage selected/offered.
Great reasons to invest:
The Marfleet Lane development is situated 3.5 miles from Hull City Centre, making it a great location for families and professional couples who want to be close to Hull. Just over a 15 minute drive away is the Hull Paragon Interchange (4.3 miles), a pioneering integrated transport interchange providing train, bus and coach services all under one roof. A new fleet of high-speed trains are expected to be operational by early 2020, reducing journey times to London.
For further information or to request a personalised mortgage illustration please contact us using the form below
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