2
Norbiton 0.4 miles10 Years Lease Option Opportunity
Readymade 2 Bedroom Flat
Boundary Court, Kingston, KT1 3PE
Purchase Price Over 10 Years = £360,000
Option Fee To Be Paid Upfront = £36,000 - Which will come off the purchase price
Rent to Landlord = £570 pcm
Finderâ--s Fee = £5,000 + Vat
Current Gross Income = £1,200 pcm = £14,400 per annum
CASHFLOW AFTER ALL THE ABOVE COSTS
Managed = £436 pcm = £5,232 per annum
Cashflow Over 10 Years = £52,320
Self Managed = £580 pcm = £6,960 per annum
Cashflow Over 10 Years = £69,600
For a limited time only, we have managed to secure a readymade modern two bedroom flat within proximity to Kingston Town Centre.
The property is a modern two bedroom apartment which is well presented throughout offering a large reception room with an open plan kitchen, private balcony and a main bedroom with en-suite shower room.
The property is currently rented producing £1,200 per month.
The property is conveniently situated in a location with great transport connections, close all local amenities.
Service Charge: £300 per annum
Ground Rent: £300 per annum
