
15th June 2008: The latest Below Market Value (BMV) properties Fruitful have negotiated with distressed sellers and repossession agents include:
|
Location
|
Description
|
Market Value
|
Sale Price
|
Discount
|
Rental
Yield
|
Comments
|
|
London, N9
|
2 bed flat
|
£159,000
|
£128,000
|
£31,000
|
6.6%
|
Rent back (AST)
|
|
Wrexham, LL13
|
3 bed detached
|
£160,000
|
£128,000
|
£32,000
|
7.4%
|
Long term rent back
|
|
Hackney, E8
|
3 bed flat
|
£230,000
|
£186,300
|
£43,700
|
7.2%
|
12 month AST
|
|
Stoke Newington
|
2 bed flat
|
£280,000
|
£219,000
|
£61,000
|
6.6%
|
Long term rent back
|
|
Peterborough, PE7
|
3 bed semi
|
£155,000
|
£124,000
|
£31,000
|
7.5%
|
12 month AST
|
|
Luton, LU6
|
3 bed semi
|
£145,000
|
£118,000
|
£27,000
|
7.6%
|
12 month rent (AST)
|
|
Derby, DE72
|
3 bed detached
|
£115,000
|
£88,000
|
£27,000
|
8.0%
|
12 month AST
|