2 BEDROOM APARTMENT FOR SALE IN BARROW IN FURNESS, CUMBRIA

Place an Ad For Your Apartment - only £19.95

* 90% Non Status LTV Mortgage *

* Yields up to 15% *

* Fully Refurbed *

* From Only £4140 to invest *

• Property Added:
• 20 Jan 2012 
• Country:
• UNITED KINGDOM 
• Price:
• 34.5K  
• Property Type:
• Apartment 
• Bedrooms:
• 2 
• Bathrooms:
• 1 
• Postcode:
•  
• Views:
• 86 
•  
• Click Here To Email the Advertiser 

Great Investment Deal *** Great Investment Deal *** Great Investment Deal ***

These are excellent buy to let 1 and 2 bed flats in the North West of England –
and to make it even more attractive we have an exceptional finance package available,
allowing great flexibility in your buying choice.

Ideal for Non EU buyers who require finance, 60% LTV possible.

Key Points:

Fantastic High Yielding Opportunity
Off Market Portfolio
Management Company in place
Deposits from just £4,140 per property
Yields up to 13%
Discounts Available - for cash & bulk buying
Tenanted Properties Available
Private Non Status Finance Available
The Offer in Barrow in Furness, Cumbria

EXECUTIVE SUMMARY

•NON Status Finance available up to 90%
•Refurbished apartments
•Yields of over 12%
•£200,000,000 regeneration opportunity right next to the site
•Strong rental demand from tenants in the area
•Prices start at just £34,500 (25% discount)

This is a unique opportunity to acquire a substantially discounted property with minimal deposit in an area set for huge growth. A refurbishment package is in place which will bring rents up to the market value with potential yields of up to 15%. The refurbishment package coupled with non status finance of up to 90% creates a truly unique investment opportunity.

There is immense potential with the site due to the substantial regeneration which is actually in progress not just planned! The Barrow in Furness Waterfront regeneration plan is literally on the doorstep of these properties and last year in March a £15,000,000 road was completed adjacent to the site providing the key to the growth in the area and the access to the new ferry terminal which is to be constructed.

This is a ground level investment opportunity to acquire stock just before full scale regeneration takes place. This is a rare opportunity to outperform the market and achieve strong capital growth as well as double digit yields in the UK.

INVESTMENT STRATEGY
Externally all the blocks are being repaired and brought up to current regulations. These works include;

•Provision of interlinked smoke detection systems
•Front door refurbishment
•Brickwork repairs and repointing where necessary
•Roof repairs / replacements

The properties have undergone limited works over the last 2 years with occupied properties left in good lettable order. Any vacant properties will undergo a basic programme of refurbishment prior to any investor completing, inclusive of the sales price. We have identified that in order to achieve strong rental figures and maximise resale potential, gas central heating is essential and hence will be put into individual units within the sales price.

The internal improvement of individual units coupled with the enhancement of the blocks externally will create a solid long term revenue stream and ensure a hassle free investment for buyers.

The large scale regeneration of the area and the units themselves represents a fantastic opportunity for both high rental returns and capital growth.

LOCATION

Barrow in Furness is a sub-regional centre in southwest Cumbria with a resident population of approximately 75,000. Significant local employers include BAE Systems Kimberly Clark, Oxley Developments and Glaxo in Ulverston. Barrow in Furness lies on Cumbria's beautiful West Coast overlooking the Irish Sea and surrounded by magnificent countryside. Cumbria is approximately 34 miles from access to the M6 motorway at junction 36, 33 miles from Kendal, 8 miles from Ulverston and 23 miles from Windermere.

Nearest Stations from properties:

Barrow-in-Furness1.0 mile
Roose 1.6 miles
Dalton 4.0 miles

Barrow-in-Furness is an industrial town and seaport which forms about half the territory of the wider Borough of Barrow-in-Furness in the county of Cumbria, England. It lies 70 km north of Liverpool and 90 km southwest from the county town of Carlisle. The town is situated at the tip of the Furness peninsula bordered by Morecambe Bay, the Duddon Estuary and the Irish Sea – as can see on map below.

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