Property Details


1 Bed Apartment – £500+ Positive Cash Flow

Slough

United Kingdom

Prices From £103,000

Reserved


Global Property Investors are pleased to introduce our latest below market value investment opportunity located in Slough.

This one bedroom flat apartment is available to purchase with 20% discount which will secure the purchaser with instant equity of £27,000 on completion.

* Ground floor apartment

*Good decorative order

* Own rear garden

* Double bedroom

* 14′ lounge

* Re-fitted kitchen

* Re-fitted bathroom

* Cul-de-sac location

* Convenient for local shops.

The property is available with vacant possession with an estimated rental income of  £795pcm, which results in a gross yield of 9.25%.  Based on a  2 year tracker (TMW) of 4.14% (subject to status),

the monthly mortgage payments are £284 pcm with positive monthly cashflow of  £511pcm.

Location

Slough is also an important town along the M4 Corridor, with direct road links to Heathrow Airport, London, Reading and the West. It boasts a huge range shops, leisure facilities and parks to walk and relax in. The new bus station in Slough makes bus and coach travel in the region an attractive option too.

At Metropolis Slough Central you’ll be just a few minutes’ walk from both the railway and the bus station. Whether you work locally or in London or Reading, you’ll find the daily commute easy to handle.

Property Summary


  • 20% Discount
  • Instant Equity – £27,000
  • Newly Refurbished
  • High Yielding Investment – 9.25%
  • £500+ Cashflow pcm

Financial Breakdown


GPI Price 103,000
Deposit £20,600
Rental Income £795
Mortgage Costs £284
Cash Positive £511
Gross Yield 9.25%