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Property Investment News, Daily Investment Property News
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Property Investment News, Daily Investment Property News
 

Property Details

Property Details  
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property Development
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Name: North Nottinghamshire - 2 Bed

Property Reference:
NN02
Country: England
Region:
Nottinghamshire
Location1:
Near Mansfield
Location2: Sutton-in-Ashfield

Property Type Specific: Apartment
Property Type General: Residential
Bedrooms: 2

Price
: £ 74,995


Delivery: May 2008

Investment Type(s):
• Buy To Let
• Invest Discounted
• Low Deposit
• High Yield
• Cashflow Positive
• Creative Finance

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Key Selling Points  

* Outstanding value – just £74,995
* High rental returns – gross rentals of 7%
* Low deposits – under £10,000
* Conversion finished to excellent quality
* Due for completion May 2008


Finance Available : 85%
Deposit Required : 15%



Details  

Development details

The development will consists of 24 one beds & 16 two bed apartments contained within six separate two storey (ground & 1st floor) refurbished blocks. All apartments will come fully finished including double glazing, new kitchens, bathroom suites, carpets and white goods including washer/dryer, fridge, cooker and hob. The blocks are nestled in a large area of grass and trees that on completion will be landscaped and provide pleasant outside space for all residents.

Over 30% of the development has already been sold off plan to owner occupiers, thus providing an appropriate and stable balance for investors and residents alike - we expect this figure to be as high as 50% as we have huge interest from owner occupiers who are desperate for affordable housing.

Location

Located 1 mile West of Mansfield and 8 miles North of Nottingham, Clare Rd, Sutton-in-Ashfield is located in the heart of an emerging and rejuvenated industrial heartland of the northern tip of the East Midlands.

Its close vicinity to an emerging property hotspot - Mansfield makes this development a very exciting prospect. In addition the local town of Sutton-in-Ashfield is located within a 15 min walk and offers all the well known shops offered by larger towns and cities.

The development is ideally placed next to the A38, giving immediate access to the M1, Mansfield & other local areas of importance for employment & leisure amenities.

Summary

These are excellent rental properties at terrific value - new apartments from just £56,995!

We have an excellent managing agent in place here - who already lets out property here - they actually manage 6 properties for Alan Forsyth locally and he is again buying in this development.

We have been working on this development for several weeks as it is very rare to get new apartments at this price in a strong rental area - this is a developer we have worked with previously and we have seen really strong returns and strong rental demand.

We expect these to be incredibly popular - with previous similar deals selling out in hours - and we have already taken reservations on 4 of the 20 apartments we are making available to investors from some of our largest investors today!

Newly refurbished apartments in an excellent area where capital growth and rental demand is very high from just £56,995.

To reserve, or if you have any questions, please call us on 01784 433 353, or email us at enquiries@buenoinvestments.com

We can offer reduced fees on the first 5 reserved - which is an excellent deal!

This can allow you to reserve a property this year - with completion next May - this can get your portfolio off to a great start for 2008!

Please download the PDF for full information, or contact one of our property consultants on 0871 231 7466 or click onto the "Make Enquiry" button.

Important Notice

All financial and property investments bear varying degrees of risk. We strongly discourage you from making any investment decision based upon the information that you cannot independently confirm and we thoroughly recommend that you seek qualified advice from a financial advisor or solicitor before you make any decision regarding making this financial investment.

In accordance with the property Misdescriptions Act (1991) we have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for purchase of carpets of other fittings. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your solicitor prior to exchange.




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