burnley bb10 lease option brochure

8/7/2019 Burnley BB10 Lease Option Brochure

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12 Year Lease Option Burnley, BB10

2 Bed TerracePackaged Property Deals, Leaving you time for more important things.

Lease Option Deal - 59,780 Gross Profit

BURNLEY, LANCS, BB10


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Accommodation comprises of:Hall, Lounge, Kitchen, 2 Bedroom, Good Condition

Structure of deal:

Market value 66,000Estimated rent 390 per month (single let)Mortgage payments 170 (including management)Investment required - 4,968+vatLegals includedRental profit 220 per month12 year lease option available

Financial details:

Investment required is 5,998+vat

Profit (gross) example = 59,780Capital Growth (3%) = 28,100Rental Profit (gross) for term - 220x12x12 = 31,680Recommended & experienced solicitors usedReservation 1,000+vat

Financial Details


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Executive Summary


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Sales Comparable


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Rental Comparable


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Neighbourhood ProfileOften, many of the people who live in this sort of postcode will be

ome owning families living in terraces. These are known as type 42

n the ACORN classification and 2.94% of the UK's population live in

his type.

Neighbourhoods fitting this profile are largely found in former

mining, industrial and manufacturing areas of Wales and northern

ngland. Examples include Merthyr Tydfil, Rhonda, Burnley, Barrow in

urness and Halifax.

oung families with two children under 10, living in small terraced

ousing, characterise this type of postcode. Adults tend to be in the

0-40 age group with fewer older people and retired. There are some

ingle parent households. This is the ACORN type with the highest

ncidence of terraced housing. The houses tend to be small, with two

or sometimes three bedrooms, and at the lower end of the house

price scale. 70% of households are owner occupiers, with most

buying on a mortgage.

Most of the rest are renting from private landlords, with a smaller

proportion renting from the local authority. Generally, employment is

n blue-collar jobs in manufacturing, mining and other manual

occupations, with shopworkers also common. There is some

nemployment, and long term illness is above the national average.

As might be expected, educational qualification levels are generally

ow. Car ownership is below the national average, and many people

ravel to work on foot or cycle.

ncomes are on the low side so there is little scope for investments

nd savings. Use of credit cards is below average. Leisure interests

nclude camping, angling, bingo, horseracing and rugby, as well as

watching cable TV and going to the pub. Popular newspapers include

he Daily Mirror, Daily Sport and their Sunday equivalents, as well as

he Daily Star.


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Property Training Wealth Creation

2 Bed TerracePackaged Property Deals, Leaving you time for more important things.

12 Year Lease Option Deal

Profit Warning - 59,780 (gross)

burnley bb10 lease option brochure

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