PROJECTS

TENNYSON VILLAS  - DERBY
 

This three bedroom Victorian townhouse in Derby's Strutt's Park Conservation Area was sourced and purchased by us for a former yacht crew deckhand. After extensive renovation, £60,000 was added to the value. Anchor Property helped the client negotiate a purchase price well below market value.

 

Price: £190,000

Money invested: £75,000

Rent after costs: £300 pcm

Return on investment (ROI): 4.46%

 

RIVERSIDE APARTMENTS - DERBY
 

This two bedroom apartment in Derby City center was purchased with our support by a deckhand on M/Y Lady S. The property provides luxury accommodation and was bought with a tenant already in place. Anchor Property helped the client negotiate a £3,500 reduction of the purchase price and have arranged the management of the property too.

 

Price: £114,000

Money invested: £33,000

Rent after costs: £200 pcm

Return on investment (ROI): 7.2%

 

HERITAGE COURT - DERBY
 

This flat in Derby is being purchased on behalf of a client who has recently retired. The development is still under construction but through close connections with the local agent, we were able to visit the site pre-completion. As such we have secured one of the best flats in the block before it was publicly viewable. This developer has also offered £1000 towards legal fees and is covering the stamp duty tax, which on this property would have been £2,820.

Price: £94,000

Money invested: £23,500

Rent after costs: £140

Return on investment (ROI): 7.1%

DRAGON ROAD - HARROGATE

 

A year on and this one bedroom apartment, purchased on behalf of a second stewardess, has proven to be a big investment success. After some minor improvements, the property was let very quickly and still remains tenanted. It was recently valued at £115,000 which is a £9,000 annual increase in value.

Price: £106,000

Money invested: £29,000

Rent after costs: £190

Return on investment (ROI): 7.8%

EDWARD STREET - DERBY

 

This converted Georgian townhouse contains four self-contained flats. The property was purchased on behalf of a Rolls Royce contract engineer, who, working internationally, needed our guidance and support.

 

Price: £235,000

Money invested: £71,395

Rent after costs: £750

Return on investment (ROI): 12.6%

MILL LANE - RIPLEY
 

Purchased over a year ago at auction this property after some minor improvements was let to the current tenant, who has just renewed for another year. This property was purchased outright with cash, which as shown below, can drastically improve the return.

Price: £50,000

Money invested: £55,000

Rent after costs: £400

Return on investment (ROI): 8.7%

BRIDGE STREET - ILKESTON
 

These two properties were purchased at the same time securing a good price well below market value. After some re-decoration and damp proofing the properties where let very quickly.

 

Price: £180,000

Money invested: £70,000

Rent after costs: £450

Return on investment (ROI): 7.7%

 

 

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Anchor Property Solutions Ltd is a company registered in England and Wales. Registered number: 09733018. Registered office: 9 De Montfort Street, Leicester, LE1 7GE

 

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