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Mark I’Anson Property Ltd

12% Yield – 1 Bed Apartment


Packaged Property Deals, “Leaving you time for more important things.”

Mark I'Anson Property Ltd

t: 08456 434 595

e: info@markianson.com

w: www.markianson.com

a: Towcester, Northants

blog: http://markiansonproperty.blogspot.com/

facebook page: http://profile.to/markiansonproperty

Mark I’Anson Property Ltd ©2010


10/05/2010 Company No. 6904652 VAT Reg. No. 972 0307 35
www.markianson.com Page | 2

Property Address: 3 Ferguslie, Paisley, PA1 2QP

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
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Gross Price £40,000

Discount 25%

Net Price £30,000 Instant Equity - £10,000

Mortgage £ 118PCM

Rent £ 300PCM

Cashflw £ 182PCM Per Annum Cash flow - £2,184

Based on BM Solutions mortgage rate of 4.35% - rates may vary

Location

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
www.markianson.com Page | 4

Neighbourhood Profile

Full neighbourhood profile for PA1 2QP


Here is an overview of the likely preferences and features of your neighbourhood:
Often, many of the people who live in this sort of postcode will be old people, many living in high-rise flats.
These are known as type 53 in the ACORN classification and 0.91% of the UK's population live in this type.

Neighbourhoods fitting this profile are found in Glasgow, Aberdeen, Inverclyde and Dundee in Scotland, and in
Newcastle upon Tyne, Liverpool, Nottingham, Manchester, Sheffield and Wolverhampton in England.
This type of postcode contains large numbers of elderly people living in blocks of flats.

There are few children and young people. Almost 50% of residents are over 60, with very high proportions of
the over 75s. Most households are single person, particularly single pensioners.

These neighbourhoods have a very high population density because of the type of housing they contain. 75%
of residents live in purpose built flats rented from the local authority or housing associations. Many flats are in
high-rise blocks. There are very low levels of owner occupation. Flats are small, mostly one or sometimes two
bedrooms.

Car ownership is low. Most residents are dependent on public transport and walking to get around.

People enjoy bingo, racing and going to the pub. They tend to read newspapers such as the Daily Mirror, The
Sun and Daily Record.

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
www.markianson.com Page | 5

Sale Comparables (less than 1 mile away)

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
www.markianson.com Page | 6

Rental Comparables (less than 1 mile away)

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
www.markianson.com Page | 7

Property Details
Property Type: 1 Bed Apartment
Age of Property: Built early 1900’s
Freehold or Leasehold? Freehold
Bedrooms: One
Bathrooms/toilets: Shower room with good sized shower tray
Reception rooms: One
Garden: n/a
Garage: No
Number of off-road parking spaces: On street parking
Central Heating: GCH
Condition: Good, ready to rent, management company in place
Roof Overhauled 5-6 years ago
Living Room Small with open plan kitchen
Flooring (kitchen) Laminate
Bedroom Small double bedroom
Additional Owner will re carpet lounge and hall and new decor
Professional Fees £2,995+vat

Finance

We have Mortgage Brokers and solicitors in place.


Once you have DIP we will instruct valuation to be carried out.
No hidden costs
The amount of £2,995+vat includes all introduction fees, legals, valuation and broker fees..

Summary

Cost to investor £2,995+vat


To avoid missing out reserve quickly.

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
www.markianson.com Page | 8

The Opportunity
 Investment Features
 Fees and buying process

25% BRV (below RICS Valuation)


This means that whatever the valuation comes in at you will receive a 25% discount off that valuation.

Investment Features

 25% off the RICS valuation.


 Positive cash flow.
 An excellent portfolio of properties in areas where renting is the norm.
 Rental management company in place to manage the properties.
 Completion within approx 4-8 weeks.
 Fully managed completion service.

Fees & Buying Process

 Investor agrees to purchase.


 Professional fees invoiced by Mark I’Anson Property Ltd. cc Agent.
 Professional fees paid by investor (bank transfer), reservation form signed & returned by post.
 Investor contacted by mortgage broker to achieve ‘decision in principle’ from the lending bank.
 Mortgage forms returned by investor.
 Once successful, solicitors notified and contact investor.
 Surveyors instructed to carry out valuation.
 Investors solicitors work towards exchange and completion.

Should investor not be accepted for finance, ‘unsuccessful DIP’ a second choice investor to be informed of ‘option to
purchase.’

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.
Mark I’Anson Property Ltd Terms and Conditions Policy b) The Purchaser must be ready to complete within 28 days of
the Reservation being confirmed unless stated or agreed
otherwise. A Reservation is not confirmed until the
1 Definitions Purchaser has been notified in writing by Mark I’Anson
Property Ltd and the agreed Reservation and Administration
a) The following definitions will apply to terms used Fees have been paid by the Purchaser.
throughout this document unless the context in which a
term is used implies a meaning that is different to the c) The Purchaser will be notified of the full address of the
vendor only when the agreed Reservation and
definition provided.
Administration Fees have been received by Mark I’Anson
Mark I’Anson Property Ltd, affiliates, officers, Property Ltd. Upon receipt of the agreed Reservation and
Mark I’Anson
employees, agents, contractors, successors and Administration Fees the Purchaser will be granted an
Property Ltd Assessment Period of five working days during which time
assigns.
the Purchaser may complete any due diligence and must be
Reservation An application made by or on behalf of a company, satisfied that the introduction is sufficient and appropriate
Request entity, group or individual. for purpose. If the Purchaser wishes to withdraw from the
purchase during the Assessment Period, the Purchaser must
A prior right of purchase granted to a company, notify Mark I’Anson Property Ltd in writing immediately. The
Reservation agreed Reservation and Administration Fees (less the
entity, group or individual
secondary element of the Reservation Fee of £500) will be
The company, entity, group or individual being refunded in this event. Following the Assessment Period, if
Purchaser the purchaser chooses to withdraw from the purchase no
introduced to a property vendor’s solicitor
refund will be given.
Administration A fee payable by the Purchaser due in respect of The Administration Fee is non refundable except where the
Fee the introduction of the vendor’s solicitor. vendor withdraws from the sale.
No interest shall accrue to the Purchaser in the event of a
Reservation A fee payable immediately by the Purchaser in refund of the Administration Fee.
Fee order to secure a Reservation. d) Mark I’Anson Property Ltd does not accept responsibility for
any expenses or losses incurred by the purchaser in any
Assessment A period of five full working days from the date a event including if the introduction fails to achieve a
Period Reservation fee has been paid by the Purchaser. valuation sufficient to that given in the promotion. Expenses
and losses include but are not limited to valuation fees,
broker fees, legal fees and research fees.

2 General Terms and Conditions e) The purchaser is responsible for performing his/her own due
diligence in order to determine the introductions value and
a) The Purchaser must have read and understood the suitability before accepting the terms and is given five
Reservation Form and read, understood and agreed to both working days for this purpose. Should a vendor withdraw
the disclaimer and the terms and conditions of the from the sale, a suitable replacement property will be
Reservation Form before conducting any business with Mark presented.
I’Anson Property Ltd. If you are unsure about any terms,
please e-mail Mark I’Anson Property Ltd for further f) Unless stated or agreed otherwise, it is a condition of the
clarification. Reservation that the Purchaser completes the purchase
using a solicitor and/or a mortgage advisor nominated or
b) By completing a Reservation Request and paying a approved by Mark I’Anson Property Ltd. If a situation occurs
Reservation Deposit, it will be implied that you are agreeing where more than one applicant requests to reserve the
to the terms and conditions outlined in the Reservation same property, the property will be allocated to a single
Agreement. purchaser at the discretion of Mark I’Anson Property Ltd.
c) Most of the introductions offered by Mark I’Anson Property The decision to allocate an introduction to a particular
purchaser will be based on the merit of each applicant’s
Ltd are subject to adherence with a strict payment and
request and perceived likelihood that the purchase will
contractual schedule. Failure to comply with the terms of
the stipulated schedule will invalidate the introduction and continue to completion. Mark I’Anson Property Ltd will
notify unsuccessful applicants either in writing (electronic or
lead to loss of monies paid. Therefore, please do not
otherwise) or by telephone. The decision of Mark I’Anson
proceed with any introduction or pay any monies out unless
you are in a position to comply with the stipulated schedule. Property Ltd is final.

d) Mark I’Anson Property Ltd can accept payment via bank


transfer, credit card, debit card or cheque. Mark I’Anson 4 Disclosure of Information
Property Ltd is unable to accept payment by cash or bankers
a) Each party acknowledges and agrees that any information
draft.
relating to the other party's business which is not generally
known to the public is confidential and proprietary
3 Reservation Procedure information.

b) The purchaser agrees not to disclose the details of the


a) Reservation of an introduction grants to the Purchaser a
prior right of purchase. To reserve an introduction, the vendor without prior written agreement from Mark I’Anson
Property Ltd.
Purchaser must pay a Reservation Fee, which consists of two
elements. The amount is stated on all marketing details and c) The Purchaser agrees not to disclose the details of the
is variable by vendor. The first element is non refundable sourcing company to third parties without prior written
but is credited towards the introduction. The second agreement from Mark I’Anson Property Ltd, or to use the
element is refundable should the vendor withdraw from the
sale.
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services of the sourcing company again without the j) All off-plan particulars are prepared from preliminary plans and
engagement of Mark I’Anson Property Ltd. specifications before the completion of each introduction and are
intended only as a guide. These may be changed during
construction and final finishes could vary. The purchaser should
5 Disclaimer not rely on this information and wherever possible, should
instruct a solicitor to check the plans and specifications before
a) Mark I’Anson Property Ltd is neither a licensed investment advisor
exchanging contracts.
nor a licensed estate agent. Mark I’Anson Property Ltd is not
authorised by the Financial Services Authority to provide k) Mark I’Anson Property Ltd is not responsible for future changes in
investment or financial advice. the market or market conditions. Past performance is not a guide
to future performance. The value can go up as well as down.
b) The information on the website an in any other materials
presented by Mark I’Anson Property Ltd is neither intended to be, l) Mortgage applications are subject to individual status. Guarantees
nor should be construed as, an invitation or inducement (direct or cannot be made that any particular applicant will obtain a
indirect) to any person to engage in investment activities. mortgage on the investments or the value of the mortgage they
will be able to obtain.
c) Every reasonable effort has been made by Mark I’Anson Property
Ltd to ensure the accuracy of the information displayed on the m) Guarantees cannot be made on the resale.
website and in any other materials presented by Mark I’Anson
Property Ltd. whilst believed to be accurate, the information
provided is for guidance only. Mark I’Anson Property Ltd makes 6 Governing Law
no representation and gives no warranties as to the accuracy of
the information provided and accepts no liability for any errors, a) This Agreement shall be governed by and construed in
misprints or omissions (whether negligent or otherwise). accordance with the substantive laws of the UK and the
European Union.
d) The Purchaser should not rely on the information or
representations of fact, but must satisfy himself through his
solicitor and by physical inspection in question or otherwise as to Copyright Notice Warning
their accuracy. This site comprises and contains copyrighted materials.

e) No person in the employ of Mark I’Anson Property Ltd has the


authority to make or give any representation or warranty in YOU MAY NOT DISTRIBUTE, COPY, PUBLISH OR USE THE IMAGES OR
relation to the introductions. Mark I’Anson Property Ltd shall not ANY PART OF THE IMAGES IN ANY WAY WITHOUT EXPRESS
be liable for any loss or damage whatsoever arising as a result of PERMISSION OF THE COPYRIGHT HOLDER. YOU MAY NOT ALTER,
any person acting or failing to act upon information provided. MANIPULATE, ANY PART OF AN IMAGE WITHOUT CONSENT.
f) Mark I’Anson Property Ltd displays information about Copyright for all images remains with Mark I’Anson Property Ltd..
introductions on behalf of third-parties for whom Mark I’Anson Al enquiries regarding use of and purchasing prints and image use rights must be directed to the Copyright
Property Ltd is either an agent or representative, and is therefore holder.
All rights reserved. All images included herein this publication are the copyright and property of Mark
not responsible for the validity of the details relating to I’Anson Property Ltd. All images and text are copyright in accordance with the terms of the United
introductions shown. Kingdom's Copyright, Designs and Patent Act 1988, and are protected under the United Kingdom Copyright,
Designs and Patent Act 1998, and international copyright laws and treaties. T hese laws impose substantial
penalties for infringement, and violators will be prosecuted to the full extent of the law.
g) Any areas, measurements or distances are approximate only. Any The use of any images or other materials included herein, in whole or in part, for any purpose other than for
text, photographs and plans are for guidance only and are not the private purpose of the user, including, but not limited to, copying, reproduction, publication (including
necessarily comprehensive. on Internet Web Site including third party web pages by any means, including "hotlinking", storage in a
retrieval system (other than internet browser), manipulation (digit al or otherwise), or transmitted in any
form or by any means, electronic, mechanical, photocopying, recording or otherwise, is expressly prohibited
h) It should not be assumed that each introduction has all necessary without the written permission of Mark I’Anson Property Ltd. All artistic and moral rights of the author are
planning, building regulations or other consents. hereby asserted.

i) For all introductions, it should not be assumed that Mark I’Anson


Property Ltd has tested any services, equipment or facilities, and
the purchaser must satisfy himself by inspection or otherwise.

MISREPRESENTATION ACT 1967 NOTICE: Mark I’Anson Property Ltd for themselves and for the Vendors or Lessors of this property whose agents they are give notice that:- 1) We have prepared these sales/lettings particulars
as a general guide and they do not constitute any part of an offer or a contract. 2) All descriptions, dimensions, reference to condition, necessary permissions for use in occupation are made without responsibility on the part of
the Mark I’Anson Property Ltd or the Vendors or Lessors. 3) None of the statements contained in these particulars are to be relied on as statements of representations of fact. 4) We have not carried out a survey nor tested the
service, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings and any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of these
particulars. 5) The Vendors and Lessors do not make or give and neither the Mark I’Anson Property Ltd nor any persons in their employment has any authority to make or give any representation or warranty whatsoever in
relations to this property. 6) If there are any important matters which are likely to affect your decision to buy or rent, please contact us before viewing the property. 7) No liability is accepted for any travelling or other
expenditure incurred including legal costs by prospective Purchases or Lesses in viewing the property or making further enquiries that may have been sold, let, withdrawn or subsequently let or sold to a third party.

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