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Red-Cardinal

Is This Another New Tactic...

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Only 11 of the 19 currently let? Worrying for a start. Then add in the fact that if you manage to let all of them you will still only be on a 6% yield. Rosie Millard seen at the head of the bidding queue for this one!

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"Liverpool is European Capital of Culture in 2008"

What they run out of other cities??

I believe Glasgow has already had the honour. <_<

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£54,252 p.a. rental income

£1,300,000 price tag.

What's the probable yield on that lot then? Something like -3% assuming a 10% deposit?

My calculations are probably way off, can anyone work it out properly?

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each house worth 50-55K (tops) on average, strange thing is, I reckon I know the vendor :D

Is he/she a bit nervous currently?

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A great investment oppurtunity has arisen to aquire a full investment portfolio within the liverpool area consisting of 19 homes each with great individual character. 11 of these homes are currently rented with a rental totalling of £54252 per annum.

So nearly half the portfolio is currently void. Suspect this landlord is rueing the day when that Inside Track leaflet dropped through his letterbox.

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Rental which can be achieved if all occupied to full potential can be in excess of over £74,000 which makes annual rental income of over 6% yield.

Hang on. 1.3million quid, with a 74K rental income.

74K / 1300K = 5.69%

Doesn't look over 6% to me.

No wonder he needs to sell.

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wonder if he's trying to get out the country before we go right under. :lol:

under the sea, in an octopuses garden i gaurantee ;)

Edited by toonboy

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  • 292 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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