The issue of costs that are the responsibility of the tenant?16:06 PM, 30th July 2019
About 3 weeks ago 50
We have secured beautiful properties within the St John’s Presbyterian Church conversion, as well as stunning, new-build, semi-detached properties within the grounds.
St John’s Gardens is situated in a highly sought-after area in Runcorn, benefitting from excellent transport links and an abundance of great primary and secondary schools very close by.
There is no time like today to acquire one of these very special properties! These houses are in such great demand with tenants that clients have achieved the top end of our rental predictions, with tenants moving in just hours after completion.
The focus on design is evident within this unique development, with the church conversion maintaining all of its original features and the new build semi-detached houses having been sympathetically designed to compliment the church.
Stunning 3 bed, 3 storey properties within the Church conversion – generate a surplus monthly income of up to £409.
Conservation has been at the forefront of this unique project, ensuring the restoration of this beautiful historic building has been carried out with care and with sympathetic design. Our nominated letting agent recently held viewings at properties within the Church conversion and we are delighted to report that all who viewed were beyond impressed. This is why these stunning homes are now in such high rental demand and commanding top rental amounts.
We have two opportunities remaining at a purchase price of £165,000
To purchase one of these properties on a 75% LTV, the total monies invested would be £57,015, including stamp duty, all fees and mortgage costs.
This would produce an anticipated surplus monthly net income of £409, after management fees, maintenance charge and mortgage payment (based on £795.00 pcm).
This will produce an anticipated net return on monies invested of up to 8.6%.
If you would like further information please ask us using the contact form below.
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