DEAL 1
Location: Grovenor Road, Rugby. CV21 3LB
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​2 bedrooms
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1 bathroom
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1 WC (separate)
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2 reception rooms
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Freehold
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DESCRIPTION
This two-bedroom terraced house, strategically located near Rugby town center and train
station, offers an excellent investment prospect. It is perfectly suited for renting.
The location is surrounded by warehouses, making it an attractive choice for warehouse
workers.
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THE STRATEGY
o Fully refurbish.
o Partition the front reception room to create the third bedroom.
o Rented for £1,200 pm
o Total rent = £1,800
o Total outgoings = £1,150
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THE NUMBERS
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Purchase = £180,000
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Acquisition costs = £27,000
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Grand total = £207,000
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Investment required = £70,000
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Min Investment = £10,000
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Interest to be paid = 8% Per Annum (PA)
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Period = 2-5 years.
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Security = RX1 registration of equity/invested amount with HM Land Registry.
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GOOD TO KNOW!
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​For your peace of mind, your funds will be secured with a charge on the property at the Land Registry. This will be 1st or 2nd or 3rd or 4th charge as per the amounts loaned.
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You can have your own solicitor to represent you in the transaction.
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We will cover the cost of your solicitor.
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Your funds will be deposited with your solicitor and only released to our solicitor for payment for this specific property on completion of the purchase.
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If we don’t use your funds, we will refund in full.
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Loan agreement will be prepared by our solicitor and ratified by your solicitor.
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Your interest payments are guaranteed in the contract regardless of whether the property is empty or occupied.
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TYPICAL INTEREST PAYMENTS
o £70,000 @ 8% PA = £467 PM
o £60,000 @ 8% PA = £400 PM
o £50,000 @ 8% PA = £333 PM
o £40,000 @ 8% PA = £267 PM
o £30,000 @ 8% PA = £200 PM
o £20,000 @ 8% PA = £133 PM
o £10,000 @ 8% PA = £67 PM
Note:
As an Angel Investor, your interest payments are guaranteed in the contract regardless of
whether the property is empty or occupied.

