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Jeff Djevdet

Jeff Djevdet

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    From Twitter: @ThePureGroup

    (BMV) Below Market Value Property Of The Week 13/04/2011

    Estate Agent’s Earn Less (and other pleasing news!)

    Estate Agents, Letting Agents and those in the Financial Services Industry are among those worst affected by the ‘crunch’. On average Agents are £99 worse off with Financial Advisors a slightly poorer £101 a month.

    Builders have lost a similar amount with Public Sector workers some £45 less.

    Whilst many (other than estate agents) will not lose too much sleep over this, our country does rely on a buoyant property market to drive sales of carpets, kitchens, boilers, tiles, paint and all the other things that people buy when they move.

    So, spare a thought for your local estate agent. After all, when they start buying sports cars again, it could just be a sign that we are all out of this financial mess.

     

    And here is our (BMV) Below Market Value Property of the Week

     

    (BMV) Below Market Value Property in Seaham, Co Durham

     

    A two bedroom, two reception room, mid terrace house with gas central heating, double glazing, garden and yard, modern bathroom, kitchen.

     

    Pure Appraisal Price: £60,000                                                 Premier Client Fee: POA +VAT

    Pure Purchase Price: £45,000                                                 Estimated Rental Yield: 10%

    Estimated Discount: £15,000                                                    Rental Estimate: £375 pcm

    Level One Client Fee: POA +VAT                                               Estimated Solicitor Cost: £1000

     

    For further information on this property and our property services, please call a member our our Premier Team now on 01903 868 597.

    Comments Off | Posted in: Below Market Value Property Investment, Our Latest Blog Updates | By: Jeff Djevdet

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