Lease Option Investments Perfect for Serviced Accommodation!
/With serviced accommodation rapidly growing in popularity across South Wales we are secured a few Lease Options on some beautiful country properties. Serviced accommodation is high on our own investment list with our beach side apartments being the highest yielding properties this year so far.
In Brief
LO upfront Fee (£2000 to come off final purchase price): £3,500
LO Monthly fee: £187
Option Period - Duration of the mortgage: 15 years
Purchase Price (in 15 years): £119,900
Current Open Market Value: £110,000
Refurbishments required: £15,000
Cash Flow: £482 as serviced accommodation
Lease Options are the most perfect way to make use of someone elses low interest rates on their mortgage. Fix up the property and then let it out. These properties work very well as standard BTLs as a fall back and also make good money on the flip at the end of the option period.