Ever thought of Investing in a student property?

We have been involved in helping clients buy student accommodation for the last 13 years. Help is offered every step of the way and our associates at Multi Mortgages are able to take care of your finance needs.

Opportunities at East 15 Acting School

Loughton is home to one of the UK’s leading acting schools. The School is part of the University of Essex and has recently expanded and demand for accommodation is very strong. Currently many students reside with host families or travel from surrounding towns. We have a sister company ::multi mortgages that deals with all your mortgage needs;

Our service has evolved to provide investors with a package comprising the following:

• Mortgages arranged by our own Independent Adviser
• Refurbishment and preparation carried out as necessary
• Arrangements made for suitable tenants (with guarantors) to move in
• Rent collected and maintenance issues taken care of by an experienced network of skilled trades people.

The Figures

Approximation only based on an interest-only mortgage at 5.5%

Please note: properties of £175,000 or less are not liable to pay Stamp Duty

Cost of property	£175,000
Purchasing costs	£2,500
Refurbishment/preparation	£1,500
Furniture - If provided	£1,500
Total	£180,500
Rental income	£16,600
Cost of mortgage	£7218.72
Maintenance budget	£900
Letting fee (7%)	£1161.99
Management fee (8%)	£1328.00
Insurance and gas safety cert	£400.00
Deposit required	£43,750
Net profit	£3428.73

**** SPECIAL PROMOTION***** 

£1,000 DISCOUNT IF YOU TAKE UP OUR MANAGEMENT AND LETTING SERVICE

E & OE These figures are provided as a guide only and should not be relied on. Please contact us to check the above figures before proceeding with the purchase of a property.