An
opportunity to make a small saving here for someone – the sale of this 2 bed
apartment has just fallen through due to the purchaser being unable to get a
mortgage. As such someone could pick this up – we can obtain searches etc from the
person who’s pulled out – and hopefully complete this purchase before stamp
duty kicks in on 01 April 2016. NOTE : getting the
transaction completed by then will be dependent on you choosing the right
solicitor and generally having a sense of urgency yourself. Key details
are:
As with
everything currently I expect there will be a fair amount of interest in this,
so please contact me quickly if you’re keen. A cash purchaser would clearly
help given the timescales but there’s still time to do a mortgage provided the
right broker / lender is selected. - 2 bed apartment, Johnson Court, NN4
- Close to town, next to the new university campus, VERY rentable.
- Lease 112 years, annual charges £1200
- Advertised at £119,995 – offer was accepted previously at £113,000
- It’s tenanted now, but the tenant is under notice and will be leaving.
- The property requires works totalling £5,000 – we will arrange quickly once it’s empty. The current owner is short of funds and has not arranged.
- It will then rent for £650 and in the current market would be worth at least £120,000
