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Colliers Wood, East Gardens, S.W.17

A gated development of 6 units with off street parking , push button entry and burglar alarms. 1 flat in basement, 2 on ground floor, 2 on first floor, 1 in roof. Flat 2 (ground floor) sold, purchased by developer.

Ideal rental potential from St. Georges hospital staff

All units are 2 bed I bath and CIRCA 700SQ FT, with exception of flat 6 which is located in the roof and has an approx size of 750sq ft. All the units have fully fitted separate kitchens.

Ground rent and service charges are approx £100 P. A.

Gross price £275k, purchase price approx £235k, valuation by Colleys.

£500 reservation fee paid to developer.

5% (minus £500) required to exchange contracts. Circa 28 days after receipt of reservation fee. This amount is repaid in full by your solicitor on completion, minus all fees.

2% arrangement fee payable to Instant Portfolio on exchange of contracts.

Completion expected end Sept 05.

Stamp duty charged at net price, 1%

Example

Flat 1

Gross Price £275k

Purchase Price £233,750 Instant equity £41,250

Res Fee £500

Exchange Fee £13,250

Instant Portfolio Fee £4,675 (taken from exchange fee)

Refund on completion £8,575

Building is moving ahead..........

View of kitchen