12 Year Lease Option – Burnley, BB10

2 Bed Terrace
Packaged Property Deals, “Leaving you time for more important things.”

Lease Option Deal - £59,780 Gross Profit

BURNLEY, LANCS, BB10

 Financial Details
Accommodation comprises of:
Hall, Lounge, Kitchen, 2 Bedroom, Good Condition

Structure of deal:

•Market value £66,000

•Estimated rent £390 per month (single let)
•Mortgage payments £170 (including management)
•Investment required - £4,968+vat
•Legals included
•Rental profit £220 per month
•12 year lease option available

Financial details:
Investment required is £5,998+vat

•Profit (gross) example = £59,780

•Capital Growth (3%) = £28,100
•Rental Profit (gross) for term - £220x12x12 = £31,680
•Recommended & experienced solicitors used
•Reservation £1,000+vat
Executive Summary
Sales Comparable
Rental Comparable
 Neighbourhood Profile
Often, many of the people who live in this sort of postcode will be
home owning families living in terraces. These are known as type 42
in the ACORN classification and 2.94% of the UK's population live in
this type.

Neighbourhoods fitting this profile are largely found in former

mining, industrial and manufacturing areas of Wales and northern
England. Examples include Merthyr Tydfil, Rhonda, Burnley, Barrow in
Furness and Halifax.

Young families with two children under 10, living in small terraced
housing, characterise this type of postcode. Adults tend to be in the
20-40 age group with fewer older people and retired. There are some
single parent households. This is the ACORN type with the highest
incidence of terraced housing. The houses tend to be small, with two
or sometimes three bedrooms, and at the lower end of the house
price scale. 70% of households are owner occupiers, with most
buying on a mortgage.

Most of the rest are renting from private landlords, with a smaller
proportion renting from the local authority. Generally, employment is
in blue-collar jobs in manufacturing, mining and other manual
occupations, with shopworkers also common. There is some
unemployment, and long term illness is above the national average.
As might be expected, educational qualification levels are generally
low. Car ownership is below the national average, and many people
travel to work on foot or cycle.

Incomes are on the low side so there is little scope for investments
and savings. Use of credit cards is below average. Leisure interests
include camping, angling, bingo, horseracing and rugby, as well as
watching cable TV and going to the pub. Popular newspapers include
the Daily Mirror, Daily Sport and their Sunday equivalents, as well as
the Daily Star.
 Property – Training – Wealth Creation

2 Bed Terrace
Packaged Property Deals, “Leaving you time for more important things.”

12 Year Lease Option Deal

Profit Warning - £59,780 (gross)