As developers are getting more keen to shift units then this is when new-build can start to become attractive, as they now ’stack’. By securing up to 30% discounts off current true market value, new build apartments and houses start to make financial sense. Many investors steered clear of new-build, and quite rightly so, as they were usually over-valued, and the yields took a bashing when mulitple units compete to secure tenants!

However the guys at Property Horizons show how new-build apartments can actually make sense, when you secure a decent discount from the developer. They have given some examples of some recent units they have sold in Liverpool, these were for some luxury apartments with instant £40,000 of equity build in, large positive cashflow from day one and also high rental demand waterfront location.

  Example Financials For 2 Bed Apartment With Parking

 For 80% LTV Residential Finance = Cashback

Market Value: £160,000 (As Colley’s Valuation)

Purchase Price: £120,000

25% Deposit Paid By Us:  (£40,000)    

Finder’s Fees And Purchasing Costs: £5,000 

Cashback : £8625

Net Cashflow (Less costs): +£3625

For 75% LTV Residential Finance = Huge Cashflow

Market Value: £160,000 (As Colley’s Valuation)

Purchase Price: £120,000

25% Deposit Paid By Us:  (£40,000)   

Net Rental Income: +£300 pcm

Finder’s Fees And Purchasing Costs: £5,000 

For 65% LTV Buy To Let 

Market Value: £160,000 (As Colley’s Valuation)

Purchase Price: £120,000

25% Deposit Paid By Us:  (£40,000)

10% Deposit Paid By You:  (£16,000)     

Net Rental Income: +£200 pcm

Finder’s Fees And Purchasing Costs: £5,000 

These financials just highlight that, given the right discount new-build units can start to look more attractive to investors, especially those investors who are looking for low maintenance, and higher end rentals.

Property Horizons are specialist property sourcing experts for both UK and also overseas property investments, they also source fully rented non new-build properties for investors with their below market value armchair portfolio building service. You can register here to be added to their members only ready-made-deal email list for their BMV deals.

To view their current investment deals both for the UK and overseas you can visit their website here.

_____________________________________________________________________________

 Powered by Max Banner Ads 

Everyone loves free stuff, so here is a selection of some free property investing resources for anyone interested in BMV property. This selection is for e-courses which you can obtain absolutely free of charge.

 John Rattigan’s 5 Simple Steps to BMV Property Success

In this free 5 day mini e-course, John Rattigan, of The Property Investor PA, will give you essential tips and advice on making your BMV property business a success.

Register for this e-course and a brochure for The Property Investor PA »

With a readership of over 25,000 property investors, this free 6 part mini e-course is one of the most popular below market value property sourcing courses there is. This mini course will show you;

• How to find below market value bargain properties in your area and buy them using none of your own money…
• How to raise 100% finance to get started in property even if you have little or no capital of your own…
• How you can create thousands of pounds in passive monthly income with little risk working part time from your home office…
• And much, much more…

Get instant access to Parmdeep’s free 6-part mini course »

Benefit from Ranjan’s 17 years worth of property expertise with this free 7-part mini course design to enable you to fast-track your property success. This is no ordinary everyday mini e-course, as you will receive 7 individual reports containing genuinely valuable and useful information, covering the following areas;

1. The tricks for buying properties below market value at auctions
2. The secrets of how to find properties that will not just follow the market upwards but will outperform the market 
3. Six ways to avoid costly mistakes when buying off-plan – these tips will save you thousands of pounds 
4. Learn the ten things you MUST know to keep your voids to a minimum and maximise your rental cash-flow. 
5. Six pointers to ensure your newbuild property is snag free
6. Five tax saving strategies which work for property investors 
7. Why understanding the property market cycle is essential to building a property portfolio robust enough to prosper through the current cycle and beyond   

 Sign up for these 7 FREE Property Investment Strategies »

With many years of experience in property investment and contacts on four continents, Property Horizons offers private investors the opportunity to build large portfolios of property either overseas or in the UK – with little effort on your part.

This free e-course, originally sold for £199, reveals over 50 years of closely guarded insights, tips and tricks, so you can;

1. Be the next property millionaire
2. Find the next hotspot before anyone else
3. Buy an unlimited amount of property without using any of your own money
4. Exclusive access to the finest investments – returning up to 600% ROI
5. And lots, lots more….. 

Claim your FREE property investment course by Property Horizons now »

 Powered by Max Banner Ads