Sample repossessed properties and distressed property sales
The properties detailed below have all been sold via our partner property company in the last few months. They offer both resale stock (section 1) and new build stock (section 2) where cash back deals are possible.
If you wish to register with them to receive details of their properties service you can do so for free, or if you are serious about building your portfolio by at least 10 properties a year you may apply for Platinum Membership which will give you access to the very best deals ahead of all non-members. Please note the Platinum Portfolio Building Club is limited to just 20 members at a time, and you may have to be placed on a waiting list to join.
Please click here to register your interest - if you are interested in the Platinum Membership, then please indicate this in the "any other information" section at the bottom of the form.
Most properties offered can be bought without the need for a deposit but legal and other professional fees will be required - usually amounting in total to 3% of the purchase price. Properties are usually 25%+ below the current RICS valuation and many can be supplied with tenants on assured short hold tenancies (AST).
Resale stock:
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Mill Hill, Little Hulton, M38 - 2 Bed
- OMV £80,000, Sale price £60,000
- Rent £5,700 PA, instant equity of £20,000
- Yield 9.50%
- Tenanted AST
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Barry Crescent, Worsley, M28 - 2 Bed
- OMV £83,000, Sale price £62,250
- Rent £5,400 PA, instant equity of £20,750
- Yield 9.16%
- Tenanted AST
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Old Lane, Little Hulton, M38 - 2 Bed
- OMV £87,000, Sale price £62,250
- Rent £6,000 PA, instant equity of £21,750
- Yield 8.74%
- Tenanted AST
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Fairhurst Drive, Worsley, M28 - 3 Bed
- OMV £94,000, Sale price £70,500
- Rent £5,400 PA, instant equity of £23,500
- Yield 8.51%
- Tenanted AST
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Parkway, Little Hulton, M38 - 4 Bed
- OMV £95,000, Sale price £71,250
- Rent £6,000 PA, instant equity of £23,750
- Yield 8.42%
- Vacant
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Spa Crescent, Little Hulton, M38 - 3 Bed
- OMV £77,000, Sale price £57,750
- Rent £5,700 PA, instant equity of £19,250
- Yield 9.87%
- Tenanted AST
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Greenheys Road, Little Hulton, M38 - 3 Bed
- OMV £93,000, Sale price £69,750
- Rent £6,000 PA, instant equity of £23,250
- Yield 8.60%
- Tenanted AST
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Spa Crescent, Worsley, M28 - 3 Bed
- OMV £87,500, Sale price £65,625
- Rent £5,400 PA, instant equity of £21,875
- Yield 8.23%
- Tenanted AST
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Wellstock Lane, Little Hulton, M38 - 3 Bed
- OMV £85,000, Sale price £63,750
- Rent £5,400 PA, instant equity of £21,250
- Yield 8.47%
- Vacant
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Wildbrook Road, Little Hulton, M38 - 3 Bed
- OMV £87,000, Sale price £62,250
- Rent £5,700 PA, instant equity of £21,750
- Yield 8.77%
- Tenanted AST
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New build deals:
Only £2,000 up front money is required to purchase these new build apartments and with £10,000 cash back on completion you are left with £8,000 in your pocket after all costs.
All apartments come with parking, oven, hob and carpets. Letting agents are in place for those that require this service.
Buckshaw Village, Chorley, PR7
- 2 bed apartments with 25% discount and £10,000 cash back
- Asking price £120,000
- Sale price £90,000 (after discount)
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Fairlawns, Horwich, BL6
- 1 & 2 bed apartments with 25% discount and £10,000 cash back
- Asking price £120,000
- From £83,925(after discount)
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Keepers Chase, Nantwich, CW5
- 2 bed apartments with 25% discount and £10,000 cash back
- Asking price £132,950
- Sale price from £99,713 (after discount)
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Summerfields, Westhoughton, BL5
- 1 bed apartments with 25% discount and £10,000 cash back
- From £85,163(after discount)
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Sunningdale, Widnes, WA8
- 1 & 2 bed apartments with 25% discount and £10,000 cash back
- From £73,668 (after discount)
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Please do your own due diligence before proceeding with any deal.
Please check with your broker that you can get a mortgage before applying.
Market comparables and estimated valuations are only approximations, and are not guarantees.
Clean credit mortgages and cash buyers only.
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