Staged Payment HMO – Available now. Batley WF17. Cash out + £600 pcm cashflow. RICS value.

September 1st, 2010 by EveryCloud Leave a reply »

New Staged Payment deal available now. This works with a new 75% HMO finance product which is available from selected brokers (including ours).

See for more details – http://www.everycloud.org/wordpress/stagedpayment/staged-payment-deals/

It’s a 5+ lettable room property made up of 2 merged back-to-back terraced houses & a former off licence in Batley West Yorkshire.

Property is in good condition with a recent RICS full homerbuyer report – Value £212,000.

  • First payment – £147,000 – initial 31% discount.
  • 2nd payment – due in 60 months – £33,000 – total 85% of Current Market Value.
  • Estimated cash out of £1250 after all fees (legals, finance & finders).

£500 to reserve. Please note that successful taker must be able to prove minimum £25k pa income and be existing landlord with 3 years experience

http://www.everycloud.org/wordpress/stagedpayment/staged-payment-deals/

Any questions, please email info@everycloud.org or call the office on 0800 158 3775

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