At Kenyons we believe the ideal time is upon us to either make your first investment in the property market or to further expand your existing portfolio.
We are currently working with many agents, receivers and developers across the country, allowing us to bring you property at a discounted price.
The properties we source on your behalf can be off plan, second hand ready tenanted properties or vacant properties ready to rent or in need of refurbishment.
We offer a variety of structured deals that can be structured to be minimal money down, cash purchases with positive equity release within 6 weeks or simply no money down deals where there will be instant equity, usually of around 20 – 25% in the property from day one.
The discounts we achieve are usually based on RICS valuations and not simply on an inflated unofficial valuation of the property.
Below are a couple of examples of deals we have recently done on behalf of our investors.
Example 1
RICS Valuation: £90,000
Discount: 25%
Net Price: £67,500
Purchasing Fees: £5,000
Cash Back: £3,600
Net Cost To Buy £1,400
Instant Equity: £22,500
Example 2
Ready Made Portfolio
RICS SALE CURRENT MONTHLY
VALUE PRICE RENT MORTGAGE
£102,000 £76,500 £500 £337.24
£67,000 £50,250 £480 £221.52
£64,000 £48,000 £475 £211.60
£64,000 £48,000 £475 £211.60
£63,000 £47,250 £450 £208.29
These properties were already tenanted on AST’s.
The only costs on these to purchase was a £4,950 packaging fee, giving instant equity and a monthly positive cash flow
The above are just two examples of what we can offer you, if you would like to find out more on how to start or expand your property portfolio, please call David Kenyon on 0845 3024774 or alternatively e-mail him on david@kenyons-estateagents.co.uk
