Wealth Dragons Investments — The Complete Solution for Buying Properties at Below Market Value

All property deals are on a “first come, first served” basis. Once you’ve registered your interest for a particular deal, you’ll be put on its waiting list . We will contact the first investor via the phone to collect the upfront payment. If we fail to contact the investor within 30 minutes, or if the investor fails the mortgage Decision in Principle, we will move on to the next person on the list.

PROPERTY DEAL:

GONE - Bradford, West Yorkshire BD14-6
EXCELLENT 5-BED SEMI DETACHED, IDEAL FOR HMO
OR FAMILY HOME
Lease Option to Purchase for £198,000 in 7 Years + Rollover Basis

£1500 + VAT for the Deal Exc. Legal Fees

PROPERTY VALUE	£200000
INSTANT EQUITY*	£2000
MARKET RENT	£1560
MORTGAGE INTEREST	£741

PROPERTY DETAILS

PROPERTY

Positives:

Excellent Condition, Extended
Ensuite Bathroom to Master Bedroom
4 Double Bedrooms, 1 Single
Single Bedroom currently used as an Office
Single Detached Garage
Luxury Breakfast Kitchen with Utility Room
Separate Dining Room
Gas Central Heating
Double Glazed
Fitted Wardrobes to 1 Bedroom
Lovely Family Bathroom
Gardens to Front, Side and Rear
Freehold
Close to 2 Hospitals - Bradford Royal Infirmary and St. Luke's Hospital
Ideal for HMO
Potential Rental Cash Flow of £819pcm on HMO basis *

Negatives:

Seller's monthly mortgage is £741pcm on Interest Only, SVR

NEARBY STATIONS

Bradford Forster Square (3.1 miles)

Bradford Interchange (3.1 miles)

Frizinghall (3.5 miles)

REASON FOR SELLING

Separation and financial difficulties due to Ex-Wife shedding all responsibilities of the property.

* PLEASE NOTE: The Potential Rental Cash Flow was calculated on the following basis:

4 x Double Rooms rented at £75 per week (£1300pcm)
1 x Single Room rented at £60 per week (£260pcm)
Total Gross Rent at £1560pcm
Minus Seller's Monthly Mortgage of £741pcm leaves Income of £819pcm.

** If you wish to proceed with this deal, a deposit of £500 is required. The outstanding £1000 is payable upon formally instructing solicitors. Prices are subject to VAT. Should the deal fall through due to the seller's fault, the deposit will be refundable minus the administration cost of £150. However, if it is through the fault of the buyer then the deposit is non-refundable.

To register your interest for this deal, please call 01908 698879 or log on via www.networkpropertyinvestment.co.uk and go to the Ready Made Deal section where you will find the details for this deal. Then click the “register your interest” button on the deal profile.

All property deals are on a "first come, first served" basis. Once you've registered your interest for a particular deal, you’ll be put on its waiting list . We will contact the first investor via the phone to collect the deposit. If we fail to contact the investor within 30 minutes, or if the investor fails the mortgage Decision in Principle, we will move on to the next person on the list.