Past Example 3
Past Example 3
Sutton Hill, near Telford. 3-bedroom end of terrace house sold at 95,000. The 15% deposit required was only 14,250. New fascia, soffits and gutters were fitted by the company, but the sale price remained at 95,000.
The new owner is getting a surplus rent of 124 per calendar month after paying the mortgage. The tenants have committed to stay 10 years and have agreed to be responsible for the day-to-day repairs and maintenance for as long as they remain at the property.
Past Example Ref:110208/ML/18/200/NC
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