Number of beds: 0
4 – 6 Studio Flats fully let in LU2 7QZ Luton INVESTMENT or SALE
I currently have 4 Studio Flats fully let with a current income £2130
I am looking to add 2 more Studio flats in my basement once let , it will give me an extra £1200 per month bringing my total income to £3330 per month. The current outgoing each month from this property is £500 so I’m currently netting £1630
I’m trying to avoid selling this property but I need to raise £70,000 which can be secure again this property, I am offering a 20% annual return on the investment paid monthly £1167 per month, the £70k will be repaid by refinancing once I finish the 2 studios flats. I would be hoping to repay the investment within 6 months but need the loan by 20 Jan 2017.
Should I not find the investment needed I will be selling to the best offer over £275,000 as I already have interest.
Just call me for a chati am very flexible, I’ve been in property for over 30 years, lost a lot in 2008 had over 40 properties. I still do all types building works and specialize in Kitchens, Bedrooms & Bathrooms
Call Dave anytime
INVESTORS, CASH BUYERS or PEOPLE WHO KNOW WHAT THEY’RE DOING ONLY Please