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Jeff Djevdet

Jeff Djevdet - Property Investment Blog

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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    From Twitter: @ThePureGroup

    Below Market Value Property In Livingston, Scotland 18/07/2012

    31% Below Market Value Property In Livingston, Scotland

     

    Below Market Value Property Livingston Scotland

     

    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 third floor purpose built flat with lounge, kitchen and shower room. The property forms part of a large development of similar flats located directly to the east of Livingston town centre. The property having been built circa 2002 has gas central heating and double glazing.

    Notes

    We understand from the owner that the flat has a maintenance charge of approximately £50 pcm which includes buildings insurance. The flat currently has a tenant paying £525pcm. The property has a recent Home Report dated 13th July 2012 with the valuation stated at £95,000. We have the property available at a reduced price of £66,000.

     

    Financial Information

    Appraisal: £95,000

    Purchase Price: £66,000

    Estimated Discount: £29,000

    Estimated Rental Yield: 9.5%

    Rental Estimate: £525 pcm

    Estimated Solicitor Cost: £1,000

     

     

    Area Information

    Livingston is a town in West Lothian, Scotland. It is the fourth post-WWII new town to be built in Scotland, designated in 1962. It is about 15 miles (25 km) west of Edinburgh and 30 miles (50 km) east of Glasgow, and is bordered by the towns of Broxburn to the northeast and Bathgate to the northwest.

    Livingston is the biggest town in West Lothian. It was built around a collection of small villages, Livingston Village, Bellsquarry and Livingston Station (now part of Deans).

    It has a number of residential precincts or areas. These include Craigshill, Howden, Dedridge, Ladywell, Knightsridge, Murieston, Adambrae, Deans, Deer Park and Eliburn. The core locality of Livingston is defined by the General Register Office for Scotland (GRO) as including Uphall Station and Pumpherston. The wider urban settlement area also includes Mid Calder and East Calder.

    Other neighbouring villages include Kirknewton, Polbeth and West Calder. The 2001 census showed the town had a locality population of 50,826 (24,451 male and 26,375 female) and an urban settlement population of 59,511. The town’s current locality population is estimated to be 54,740 and the urban settlement population is 63,160 (2008 GRO mid-year estimates released in 2010).

    Source – Wikipedia

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