Go back

House For Sale Brampton Drive, Cannock, WS12

£7,000

1 of 1
  • Description
  • Street View
  • Maps
Last Updated: 9th August 2019

Description

FREEHOLD INTEREST ONLY

Ground rent investment, leasehold with 51 years remaining. Current ground rent £45 p.a. up to 28th September 2037 increasing to £60 p.a. thereafter. Ideal investment opportunity.

TENURE
Freehold interest only, subject to leasehold.

LEASEHOLD INFORMATION
Term: 99 years from 29th September 1971
Ground rent: £45 p.a. (increasing to £60 p.a. in 2037)

Nearby Stations

  • Hednesford Rail Station (1.4 miles away)
  • Cannock Rail Station (1.7 miles away)
  • Landywood Rail Station (3 miles away)
  • Rugeley Town Rail Station (4.6 miles away)
  • Bloxwich North Rail Station (4.9 miles away)

Nearby Schools

  • Five Ways Primary School (0.1 miles away)
  • Heath Hayes Primary Academy (0.2 miles away)
  • Gorsemoor Primary School (0.3 miles away)
  • Kingsmead School (0.8 miles away)
  • St Peter's CofE Primary Academy (0.8 miles away)
Agent Details
Smiths Sales & Lettings
28 Castle Street, Swansea, SA1 1HY
Show Contact Number
01792 465 822
Bank of England Base Rate:
0.1%

Property Score

Based on our analysis this property has been scored as:
10

Investment Analysis Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

Property Market Comparative

This property has been identified as being below market value or identified to rise in value in the near future as it has a lower price than nearby comparables.

Rental Analysis

Rental Guide:
£0 - £0
These figures should only be used as a guide, always get a rental assessment from a professional.
Yield:
0%
This is the potential achievable yield.
This property has been identified to rise in price as it is an area of strong rental demand.

Return-on-Cash Invested

This projection is calculated with a 25% deposit amount of £1,750
Financial Forecast
Annual Rent:
£0
Annual Mortgage Interest:
£105
Annual Costs:
£200

ROCI:
-
Potential Return-on-Cash Invested.
This property has been identified to return great year-on-year net profit in the near future, as there is a strong rental demand in this area combined with currant macro events such as interest rates and mortgage availability.

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this property. See more properties like this.

Property Image
6.7
£65,000
Maisonette
Yield: 7.85%
ROCI: 24%
Property Image
6.7
£80,000
Apartment
Yield: 9.15%
ROCI: 24%
Property Image
6.0
£80,000
Flat
Yield: 8.96%
ROCI: 24%
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
This is the potential achievable yield.
Potential Return-on-Cash Invested