8/7/2019 Pontypridd BMV Investment Brochure
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Accommodation: Wordsworth Avenue, Wheatley Hill, Durham,
DH6Hall, Lounge, Kitchen, 2 Double Bedrooms, Excellent
Condition
Structure of deal:
Market value 87,000Investor price 65,250Discount from market
value 25%Estimated rent 600 per month (single let)Mortgage payments
217Investment required - 4,990+vatLegals includedRental profit 383
per month
Financial details:
Investment required is 4,990+vat
Profit (gross) example = 92,193 (over 12 year period)Capital
Growth (3%) = 37,041Rental Profit (gross) for term - 383x12x12 =
55,152Recommended & experienced solicitors usedReservation
1,000+vat
Financial Details
8/7/2019 Pontypridd BMV Investment Brochure
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Neighbourhood ProfileOften, 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
localauthority.
Generally, employment is in blue-collar jobs in
manufacturing,
mining and other manual occupations, with shop workers 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.
