One Bedroom Pricing
Studios from £31,900
1 bed from £56,900
2 bed from £77,900
2 bed duplex from £130,900
3 bed from £115,900
£1,000 reservation + £1,400 solicitors fees
4 weeks later 25% less the reservation fee
NOTHING More Until December 2019 at completion
Then, 2 years rental guarantee at 7.5% or 8% discount
It is important to note that these prices are changing (up) almost weekly as units sell out.
Electric and water connection £2,000 per apartment.
Mortgage arrangement fee of 2% of the property price
At the end of the 15 year mortgage, there is 5% vat to pay, as with all new property, and 3% transfer of title deed into your name.
Nearby short-term rentals are currently receiving up to £500 per week for a two bedroom. We have forecast that you can do your own short term holiday lets at a very low estimate of £600 per week in 2019 in this new 5 star complex. In our opinion you can achieve 25 weeks booked per year. 25 x £600 = £15,000 per year, giving you six months use and again, your mortgage being paid for and around 8,000 per year profit! So in theory, this 2 bed apartment could actually only be costing the initial 25% and solicitors, stamp duty and costs! Even if you only rented for 13 weeks a year, again this rental money is paying for the apartment! This applies the same on all versions of bedroom types! This is a real true amazing investment opportunity.
Basically, rent the unit for 25 weeks @ £600 (minimum) per week = £15,000
Your mortgage for the year is £8,871.84
This apartment could pay for itself after the initial 25% and pay you profit! This really isn't rocket science.
Click the red buttons below to view pricing for various unit types.