Distressed Properties For Sale
Dear Investor,
As we have mentioned in previous newsletters we have been instructed to dispose of some excellent quality financially distressed residential stock across northern England, with locations in Merseyside, Lancashire and Yorkshire. This is stock that would previously have been selling at levels more than 40% above current pricing and are excellent investment opportunities being smaller well built developments, not over supplied and poorly built city centre stock
These are all good quality developments in good areas, often with tenants already in occupation which means that accurate cashflow can be predicted. We are not allowed to market the properties openly because of confidentiality clauses signed when dealing with Banks, Receivers and Administrators but can supply details on individual request.
The average discount to an accurate and realistic market value is £25,000 usually with a recent RICS valuations in place. I have outlined two of our current opportunities briefly below: If you would like to register your interest in these properties then follow the individual links below, and we will contact you shortly with further information.
We will be talking about the current state of the UK property market in general as well as specific investment opportunities at our next Distressed Assets seminar in London taking place next Thursday, details of which are also supplied below. Have a good weekend.
Best wishes,
Henry Powell-Jones
Liverpool – Two Bedroom Apartments From £106,000
We have managed to secure excellent quality two bedroom, two bathroom apartments in one of Liverpool’s best residential areas. It is a small development in an established area
The apartments are priced from £106,000 with a yield of around 7% and tenants already in situ. They are more than £25,000 below a current realistic market value with an RICS valuation in place. To register your interest please click here.
South Yorkshire – One Bedroom Apartments, £75,000 Each
We have secured for sale one bedroom apartments near Sheffield at a discount of 25% below a current RICS valuation, giving an investor £25,000 of instant equity. The purchase price is £75,000 with a predicted yield of 7.5% giving the investor good positive cashflow.
The developemnt is extremely well specified with allocated secure parking spaces and communal gardens. To register your interest click here.
London Seminar – Thursday 14th October, Victory Services Club
Come along to our FREE Distressed Assets seminar taking place this Thursday in Central London. We will be talking about how the market in financially distressed property works, including how Banks, Recievers and Administrators dispose of their properties. We will also be presenting some of current investment opportunities.
The evening will start at 6.30pm at the Victory Services Club and there will be a chance to network afterwards. If you would like to attend, secure your place here.
