EXECUTIVE SUMMARY

The Sorting Office is a ‘Smart Home’ development, built with the modern landlord in mind. It offers simpler management, lower costs and smarter rental options for today’s Generation Rent.

A true build-to-rent apartment development, The Sorting Office doesn’t only score with its clever design, integrated technology and overall ‘wow factor’ but also its outstanding location itself.

Whether you’re a hands-on landlord, a hands-off investor or a local resident looking for a state-of-the-art home, The Sorting Office ticks all the boxes.

INVESTMENT HIGHLIGHTS:

– 1 beds from £103,500, 2 Beds from £135,500, 3 Beds from £229,500
– Private Parking included
– Designed to maximise living space
– 7% Assured NET Yield
– 600m to Preston Train Station
– 40 Mins to Manchester / 1Hr to Liverpool
– 70% Sold Out!

INVESTMENT STRUCTURE (30%/70%):

£5,000 Reservation Fee
30% on Exchange (Less Res Fee)
70% Balance on completion, (December 2018)

INVESTMENT STRUCTURE (30%/20%/25%/25%):
10% Discount for these Purchasers

£5,000 Reservation Fee
30% on Exchange (Less Res Fee)
20% On Site Works Commencing
25% 1st Fix Completion
25% Balance on completion, (December 2018)

THE FINANCIALS (Cash):
£120,000 – Purchase Price
£8,400 – Net Rental PA

THE FINANCIALS (Mortgage*):
1 Bed Apartment – £120,000
70% – Loan to Value Rate
3.5% – Interest Rate
£36,000 – Deposit
£84,000 – Mortgage
£2,940 – Mortgage Cost Pa (£245 pcm)
£5,460 – Net Rental Return (£455 PCM)
15.2% – Return on Capital invested.

*Any mortgage rates given are only an indication and cannot be relied on to be representative of current products available. For more details please consult your mortgage broker or we can put you in touch with one.