Description

Low risk degree – Highly profitable investment – the Low threshold of entrance

The 2-storey building, in the house 44 apartments;

• The cost of apartments is £70,000;
• The guaranteed profitability of 8% for 25 years (£5,600 a year);
• Option of the guaranteed share repurchase after the 10th year of possession with margin of 15%;
• Full management of the house of the large operator specializing in nursing homes: 9 houses in management;
• Accommodation more than 80% of lodgers in houses of this operator is paid with the state (63% of Local Authority and 20% of NHS);
• The rating of the house on CQC - "Good";
• Rezervatsionny contribution of £500;
• Full support of the transaction in Russian;
• Without the commission.

Taxes and expenses upon purchase of 1 apartment for £70,000 (annual income of £5,600):

• Stamp duty: £0 (as the cost of purchase is less than £150,000);
• Legal maintenance: £0 (it is paid by the seller);
• Tax maintenance: £150 for every year of possession;
• Income tax in Great Britain: £0 (income for nonresidents up to £11,600 is not taxed).

Taxes and expenses upon purchase of 5 apartments for £ 350,000 (annual income of £28,000):

• Stamp duty: 0%* £150,000 + 2% * (£250,000 - £150,000) + 5% * (£350,000 - £250,000) = £ 7,000;
• Legal maintenance: £0 (it is paid by the seller);
• Tax maintenance: £300 for every year of possession for 5 apartments;
• Income tax in Great Britain: 0%* £11,600 + 20% * (£28,000 - £11,600) = £ 3,280.

Price: £ 70,000 – one apartment