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Investment Highlights

Current Market Value: 99,950

IPS Price: 74,963

Discount:25% Mortgage: just 312.51

Rental: 475 pcm

Cash Positive: 162.49 pcm

Packaging fee: 3,999 + VAT

Kenyon Way, Manchester, Lancs, M38

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Property Overview

Property Information

Number of Bedrooms 3

Property Age Unknown

Type of Property Semi

If Apartment How many floors does the building have n/a

What floor is the Apartment on n/a

Are there any commercial units below? If yes what type? n/a

Type of Construction Brick

Freehold or Leasehold Freehold

Length remaining on Lease n/a

Service Charge and Ground Rent n/a

What type of heating does the property have? GCH

If Gas Central Heating What type of Boiler? How old is the boiler? Unknown

Double Glazed? Yes

How long has the owner owned the property? Unknown

Has the Property had any extension or alterations? No

Do the alterations have Planning permission and Building Regs

Certificate?

n/a

What is included in the Kitchen Range of kitchen units

Does the Property have a Garage or Parking? Unknown

Is the property owner occupied? unknown

Three bedroom, semi detached house, Briefly comprises; entrance hall, a lounge

and a fitted kitchen/dining room. On the first floor of the house you will find three

bedrooms and a bathroom. There are gardens to three sides of the house. The

property also benefits from central heating and double glazing.

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Pictures

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Local Area

Local Area Map

Little Hulton is a villageeffectively a suburbwithin the City of Salford, in Greater

Manchester, England. It lies 3.4 miles (5.5 km) south of Bolton, 7 miles (11.3 km)

west-northwest of Salford, and 9 miles (14.5 km) west-northwest of Manchester.

Little Hulton is bordered by Farnworth to the north and Walkden to the east.

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Neighbourhood Profile

Often, many of the people who live in

this sort of postcode will be older people

living in rented terraces. These are known

as type 43 in the ACORN classification and1.89% of the UK's population live in this type.

Neighbourhoods fitting this profile are found predominantly in northern English towns such as

Oldham, Salford, Liverpool, Huddersfield and Gateshead, as well as in Belfast and some towns in

the south including Basildon.

This type of postcode has a high proportion of older people, particularly those over 75, living in

rented terraced housing. There are fewer families with young children in these neighbourhoods,

although there are some single parents. Single person households are most common and many

are pensioners.

Most residents live in small terraced houses, with only two or three bedrooms. Some live in flats,

mostly low rise purpose built. There is a higher proportion of residents renting compared to the

UK as a whole. Many rent from private landlords but local authority and housing association

property is also important. There is a high level of re-mortgaging among those who are buying

their properties.

Those in work tend to be shopworkers or are employed in manual and factory jobs. However,

unemployment is 40% above the national average and long term illness 60% higher than the UK

as a whole.

Car ownership is low and public transport, cycling and walking tend to be the main modes of

travel.

Incomes are low and there is little scope for savings and investments. Take up of credit cards is

low, but some find it hard to manage and levels of debt are above average relative to income.

Leisure interests include angling, racing, bingo, watching cable TV, listening to music and going to

the pub. Popular newspapers are the Daily Mirror, Daily Star, Daily Sport and The Sun.

Family income Low

Interest in current affairs Medium

Housing - with mortgage Low

Educated - to degree level Low

Couples with children Low

Have satellite TV Medium

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Due Diligence

Sales ComparablesProperties within a 1 mile radius of this property.

Source: Rightmove

3 bed semi

Hillside Avenue

100,000

3 bed semi

Highfield Drive99,995

3 bed semi

Greymar Road

99,950

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Due Diligence

Rental ComparablesProperties within a 1 mile radius of this property.

Source: Rightmove

3 bed semi

Elkstone Avenue

500 pcm

3 bed semi

Worsley Avenue

495 pcm

3 bed semi

Kenyon Way

475 pcm

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Deal Structure

Market Value: 99,950

Purchase Price: 74,963

Mortgage Borrowing LTV: 80% 79,960

Additional Deposit required from you: 0Cash Back: 4,997

Mortgage Payment @ 4.69 : 312.51 pcm

Market Rent: 475 pcm

Actual Rent: 0

Tenanted: No

IPS Packaging fee:* 3,999 + VATPackaging fee covers all legal, bridging, and broker fees. Valuation fees will be paid by the

client directly to the lender.

How to secure this deal

Email: phil@internationalpropertysuccess.com

Or call 01604 700221

International Property SuccessMillbrook House Overton Road Bangor on Dee Wrexham LL13 0BY

www.internationalpropertysuccess.com

International Property Success is not a regulated or licensed investment or financial advisor. Whilst we endeavour to provide

accurate, up to date and complete information, we make no warranties or representations as to the accuracy, reliability or

completeness or otherwise of the information and assume no responsibility or liability for any omissions or errors. As such, all

information provided by International Property Success should be only be regarded as an indicator and a general guide and should

not be relied on as a statement, recommendation or representation of fact. Any interested parties are advised to satisfy themselves

as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any

commitment to participate. International Property Success have no control over the Banks or financial institutions that arrange

lending and terms and conditions can change at any time. International Property Success cannot be held responsible for any suchchanges. If the property is down valued, IPS will do their upmost to re-negotiate the deal, however this is not always possible and in

this case you would lose your valuation fee.