Mr Joshi came to Choices Investments in November 2015 with £40,000 to invest.
In November 2015, we worked with Mr Joshi to purchase a two bed apartment. The property was converted in 2005 and retained by the developer. After undergoing a refurbishment program the properties were offered by Choices Investments at a £20,000 discount to market value with a tenant already in situ.
Purchase Price – £95,000
Current Value – £115,000
Instant Equity – £20,000
Rental – £650pcm
Yield – 8.4%
Mr Joshi was very pleased with his purchase and has recommended his family members to purchase through Choices Investments via his membership.