Buy-to-Let Property Finding Services
Since 1979 Trevor Hames has purchased suitable properties for letting
and investment for himself and others. His wealth of knowledge enables
him to search for properties specific to your investment criteria.
Trevor’s opinion is honest and frank, but the final decision naturally
rests with the investor.
Fee for finding a suitable property is 0.6% + VAT of property value,
payable upon successful purchase.
For further details contact Trevor Hames on 01223 322277 or email
trevor@cambridgepropertylettings.co.uk
Examples
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Recession-beating 7%
Return Achieved in 2009!
In March 2009, Trevor was instructed to purchase
an investment property for Mr and Mrs H. He found a house off Mill
Road, Cambridge, with an asking price of £250,000 and negotiated
a price of £235,000.
Contracts were exchanged within four days
of Trevor seeing it. He then arranged for the loft to be converted
into a bedroom and en suite shower room with WC, which
will increase the value to £290,000 to give a gross return
of 7%. |
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£27,000 Capital Growth in 3 months
In
October 2008, Trevor was instructed by Mr and Mrs A to buy an investment
for under £285,000. He found a house in Richmond Road, Cambridge,
which had been on for £350,000 and had been reduced to £290,000.
Trevor negotiated a price of £262,000, a 33% reduction. He then
arranged for it to be decorated, carpeted and furnished at a cost
of £15,000. It now enjoys a return of 7% gross. Despite house prices
falling, capital growth within three months is estimated to be
£27,000. |
| |
7.66% Gross
Return and £1,800pcm rentable value
In February 2008,
instructed by Mr P and Miss K to purchase a long term investment,
Trevor negotiated the purchase of a three bedroom ex-Council house
in the centre of Cambridge.
£32,000 later, Trevor had transformed the
house into a top-of-the-range town house, having opening up the
garage as a kitchen and removed an outside WC to make the living
room larger. This now grosses £1,800 pcm giving a gross return
of 7.66%. |
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