
Aberdeen City Centre Flat
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Spread the balance over 75 months.
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No mortgage required.
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No interest payable.
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1 bedroom flat.
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First floor.
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Freehold.
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Price: £60,000
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Payable over 75 months at £800 per month.
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Currently tenanted at £475 per month.
Running the Numbers Example:
Monthly instalment to the seller of £800 minus the current rent of £475 = a current difference of £325 per month.
If you kept it rented at £475 and never increased the rent during the 75 month term then you would have paid a total of £24,375 (£325 x 75 months) to buy the property from the seller.
This example is based on no void periods and never increasing the rent, obviously you would expect to increase the rent during the term.
Location:
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10 minutes to University of Aberdeen
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12 minutes to Aberdeen Royal Infirmary
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8 minutes to Aberdeen Beach
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9 minutes to Robert Gordon University
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20 minutes to Aberdeen International Airport




