Property Investment Blog
Sourcing genuine below market value property and sharing my property investment tips since 2007
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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 Camber, East Sussex 18/06/2012
Last Thursday we released a 17 percent below market value property in east sussex, we have now managed to secure a further reduction off the purchase price as the vendor would like an extremely quick sale.
Here are the new details, for further information or details on how to secure this property today, call me and the team now on 01903 868 597.
19% Below Market Value Property In Camber, East Sussex
Property Description
A four bedroom dorma bungalow currently used as a holiday let. The property benefits from slate and wooden floors throughout, gas central heating, under floor heating and a fully decked garden with lighting within the decking.
Financial Information
Appraisal: £295,000
Purchase Price: £240,000
Estimated Discount: £55,000
Estimated Rental Yield: 5%
Rental Estimate: £1,000 pcm
Estimated Solicitor Cost: £1,000
Area Information
East Sussex is part of the historic county of Sussex, which has its roots in the ancient kingdom of the South Saxons, who established themselves there in the 5th century AD, after the departure of the Romans. Archaeological remains are plentiful, especially in the upland areas. The area’s position on the coast has also meant that there were many invaders, including the Romans and later the Normans. Earlier industries have included fishing, iron-making, and the wool trade, all of which have declined, or have been lost completely.
Other Properties That Have Sold In The Area
Property One
Property Type: Detached
Date Sold: 27th May 2011
Price: £160,000
Property Two
Property Type: Semi Detached
Date Sold: 15th April 2011
Price: £270,000
Property Three
Property Type: Detached
Date Sold: 21st January 2008
Price: £165,000
Property Four
Property Type: Detached
Date Sold: 19th March 2007
Price: £187,950
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.
