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Jeff Djevdet
Hi I'm Jeff Djevdet and welcome to my property investment blog.
I am the director of Pure Acquisitions and here on my property investment blog you will find the regular investment properties that I source, my views on the property market and other property related articles.
You can find me on Google +, Facebook, Twitter and LinkedIn where I also post my below market value property and property investment tips.
Please feel free to contact me during normal office hours via any of these mediums or using the good old fashioned telephone!
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Below Market Value Property In Bodmin, Cornwall 13/08/2012
25% Below Market Value Property In Bodmin, Cornwall
I am happy to offer this below market value property. For further information or details on how to secure this property today, call us now on 01903 868 597.
Property Description
A two bedroom first floor flat built in 2005 with lounge, fitted kitchen and bathroom. The property has gas central heating and timber framed double glazing.
Notes
The property has a 999 year lease and the remainder of a 10 year NHBC. We understand the service charge is £750 per annum. Due to the discounted purchase price the seller is looking for a completion date no later than 30th September 2012.
Financial Information
Appraisal: £100,000
Purchase Price: £75,000
Estimated Discount: £25,000
Estimated Rental Yield: 9.28 %
Rental Estimate: £580 pcm
Estimated Solicitor Cost: £1,250
Area Information
Bodmin is a civil parish and major town in Cornwall, England, United Kingdom. It is situated in the centre of the county southwest of Bodmin Moor.
The extent of the civil parish corresponds fairly closely to that of the town so is mostly urban in character. It is bordered to the east by Cardinham parish, to the southeast by Lanhydrock parish, to the southwest and west by Lanivet parish, and to the north by Helland parish.
Bodmin has a population of 12,778 (2001 census). It was formerly the county town of Cornwall until the Crown Courts moved to Truro which is also the administrative centre (before 1835 the county town was Launceston). Bodmin was in the administrative North Cornwall District until local government reorganisation in 2009 abolished the District.
Other Properties That Have Sold In The Area
Property One
Property Type: Flat
Date Sold: 17th April 2009
Price: £135,000
Property Two
Property Type: Flat
Date Sold: 8th October 2007
Price: £107,500
Property Three
Property Type: Semi-Detached
Date Sold: 22nd December 2003
Price: £77,000
Property Four
Property Type: Flat
Date Sold: 31st October 2006
Price: £124,500
This information gives an idication of prices achieved within the area. The most up to date information available to us is used but do be aware that some transactions may be quite historic.
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A Jenkins
