Investment property Glasgow

Buy-to-let G67

BMV properties in Scotland

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Investment property deal in Glasgow

We have sourced property below market value in Cumbernauld

Comparable properties in the area are on offer for £ 87,000

Rental income comparables of at least £ 400

Buy-to-let property details

• Rowan Road Glasgow G67 3BY
• 3 Bed Maisonette
• Partial Double Glazing GCH
• Projected valuation from a Rics surveyor £70k
• Investor Price £52.5k
• 25% discount
• Cash flow positive monthly income
• Great investment property in Glasgow
• Total acquisition costs £ 5550

Notes

Rates for Glasgow buy-to-let property mortgages with Natwest are at 75% LTV with an interest rate of 5.79% and 125% rental coverage.

Better rates are available on a 70% loan to value.

We do not use Birmingham Midshires for BMV property purchases.

If you want to use them, we will unfortunately not be able to progress

this deal with you.

Proof of deposit required is £ 17,500. Most lenders now days are asking for deposits when buying investment properties.

Tracker mortgages go up and down with changes in the bank of England rate.

Purchase process for Glasgow BMV properties

This opportunity is on a first come first serve basis...

Steps

1) Do your own due diligence on this BMV property based on the information we have given you.

2) Mortgage application and decision in principal to be initiated using our brokers ONLY.

3) Ensure that the deal stacks up buy paying £350 estimated valuation fee to be paid direct to our broker (non-refundable).

4) If successful, £1000 reservation to be paid via bank transfer.

5) £259 paid upfront, for legal searches, to your solicitor who will be instructed by us.

6) We will invoice for the balance of the finder’s fee £ 1500 which is to be paid just before completion of your investment property purchase.

Enquire now!