8/9/2019 Kenyon Way
1/8
Investment Highlights
Current Market Value: 99,950
IPS Price: 74,963
Discount:25% Mortgage: just 312.51
Rental: 475 pcm
Cash Positive: 162.49 pcm
Packaging fee: 3,999 + VAT
Kenyon Way, Manchester, Lancs, M38
8/9/2019 Kenyon Way
2/8
Property Overview
Property Information
Number of Bedrooms 3
Property Age Unknown
Type of Property Semi
If Apartment How many floors does the building have n/a
What floor is the Apartment on n/a
Are there any commercial units below? If yes what type? n/a
Type of Construction Brick
Freehold or Leasehold Freehold
Length remaining on Lease n/a
Service Charge and Ground Rent n/a
What type of heating does the property have? GCH
If Gas Central Heating What type of Boiler? How old is the boiler? Unknown
Double Glazed? Yes
How long has the owner owned the property? Unknown
Has the Property had any extension or alterations? No
Do the alterations have Planning permission and Building Regs
Certificate?
n/a
What is included in the Kitchen Range of kitchen units
Does the Property have a Garage or Parking? Unknown
Is the property owner occupied? unknown
Three bedroom, semi detached house, Briefly comprises; entrance hall, a lounge
and a fitted kitchen/dining room. On the first floor of the house you will find three
bedrooms and a bathroom. There are gardens to three sides of the house. The
property also benefits from central heating and double glazing.
8/9/2019 Kenyon Way
3/8
Pictures
8/9/2019 Kenyon Way
4/8
Local Area
Local Area Map
Little Hulton is a villageeffectively a suburbwithin the City of Salford, in Greater
Manchester, England. It lies 3.4 miles (5.5 km) south of Bolton, 7 miles (11.3 km)
west-northwest of Salford, and 9 miles (14.5 km) west-northwest of Manchester.
Little Hulton is bordered by Farnworth to the north and Walkden to the east.
8/9/2019 Kenyon Way
5/8
Neighbourhood Profile
Often, many of the people who live in
this sort of postcode will be older people
living in rented terraces. These are known
as type 43 in the ACORN classification and1.89% of the UK's population live in this type.
Neighbourhoods fitting this profile are found predominantly in northern English towns such as
Oldham, Salford, Liverpool, Huddersfield and Gateshead, as well as in Belfast and some towns in
the south including Basildon.
This type of postcode has a high proportion of older people, particularly those over 75, living in
rented terraced housing. There are fewer families with young children in these neighbourhoods,
although there are some single parents. Single person households are most common and many
are pensioners.
Most residents live in small terraced houses, with only two or three bedrooms. Some live in flats,
mostly low rise purpose built. There is a higher proportion of residents renting compared to the
UK as a whole. Many rent from private landlords but local authority and housing association
property is also important. There is a high level of re-mortgaging among those who are buying
their properties.
Those in work tend to be shopworkers or are employed in manual and factory jobs. However,
unemployment is 40% above the national average and long term illness 60% higher than the UK
as a whole.
Car ownership is low and public transport, cycling and walking tend to be the main modes of
travel.
Incomes are low and there is little scope for savings and investments. Take up of credit cards is
low, but some find it hard to manage and levels of debt are above average relative to income.
Leisure interests include angling, racing, bingo, watching cable TV, listening to music and going to
the pub. Popular newspapers are the Daily Mirror, Daily Star, Daily Sport and The Sun.
Family income Low
Interest in current affairs Medium
Housing - with mortgage Low
Educated - to degree level Low
Couples with children Low
Have satellite TV Medium
8/9/2019 Kenyon Way
6/8
Due Diligence
Sales ComparablesProperties within a 1 mile radius of this property.
Source: Rightmove
3 bed semi
Hillside Avenue
100,000
3 bed semi
Highfield Drive99,995
3 bed semi
Greymar Road
99,950
8/9/2019 Kenyon Way
7/8
Due Diligence
Rental ComparablesProperties within a 1 mile radius of this property.
Source: Rightmove
3 bed semi
Elkstone Avenue
500 pcm
3 bed semi
Worsley Avenue
495 pcm
3 bed semi
Kenyon Way
475 pcm
8/9/2019 Kenyon Way
8/8
Deal Structure
Market Value: 99,950
Purchase Price: 74,963
Mortgage Borrowing LTV: 80% 79,960
Additional Deposit required from you: 0Cash Back: 4,997
Mortgage Payment @ 4.69 : 312.51 pcm
Market Rent: 475 pcm
Actual Rent: 0
Tenanted: No
IPS Packaging fee:* 3,999 + VATPackaging fee covers all legal, bridging, and broker fees. Valuation fees will be paid by the
client directly to the lender.
How to secure this deal
Email: [email protected]
Or call 01604 700221
International Property SuccessMillbrook House Overton Road Bangor on Dee Wrexham LL13 0BY
www.internationalpropertysuccess.com
International Property Success is not a regulated or licensed investment or financial advisor. Whilst we endeavour to provide
accurate, up to date and complete information, we make no warranties or representations as to the accuracy, reliability or
completeness or otherwise of the information and assume no responsibility or liability for any omissions or errors. As such, all
information provided by International Property Success should be only be regarded as an indicator and a general guide and should
not be relied on as a statement, recommendation or representation of fact. Any interested parties are advised to satisfy themselves
as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any
commitment to participate. International Property Success have no control over the Banks or financial institutions that arrange
lending and terms and conditions can change at any time. International Property Success cannot be held responsible for any suchchanges. If the property is down valued, IPS will do their upmost to re-negotiate the deal, however this is not always possible and in
this case you would lose your valuation fee.