Portfolio of 3 apartments in Aberdeen, UK.
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Spread the balance.
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No mortgage required.
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No interest payable.
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Property 1.
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1 bedroom flat.
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Top 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.​​​
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​Location:
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5 minutes to University of Aberdeen
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5 minutes to Aberdeen Royal Infirmary
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7 minutes to Aberdeen Beach
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15 minutes to Robert Gordon University
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18 minutes to Aberdeen International Airport​​​​​​​​​​​​​​​
Property 2.
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1 bedroom flat.
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Ground 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 £500 per month.
Running the Numbers Example:
Monthly instalment to the seller of £800 minus the current rent of £500 = a current difference of £300 per month.
If you kept it rented at £500 and never increased the rent during the 75 month term then you would have paid a total of £22,500 (£300 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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5 minutes to University of Aberdeen
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7 minutes to Aberdeen Royal Infirmary
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5 minutes to Aberdeen Beach
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15 minutes to Robert Gordon University
Property 3.
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1 bedroom flat.
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Top floor.
-
Freehold.
-
Price: £60,000
-
Payable over 75 months at £800 per month.
-
Currently tenanted at £460 per month.
Running the Numbers Example:
Monthly instalment to the seller of £800 minus the current rent of £460 = a current difference of £340 per month.
If you kept it rented at £460 and never increased the rent during the 75 month term then you would have paid a total of £25,500 (£340 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.​​​
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​Location:
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12 minutes to University of Aberdeen
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18 minutes to Aberdeen Royal Infirmary
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10 minutes to Aberdeen Beach
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15 minutes to Robert Gordon University
