Written by Daniel Latto in Property Coaching

  • Home
  • /
  • Blog
  • /
  • 25 Year Lease Option Property !!
April 8, 2015

If you’re wanting to get started with property investing, and struggling to raise a deposit – then a Lease Option may be the ideal start for you.

SO you pay an initial OPTION fee. This gets you in the game and gives you control for the duration of the property.
On this occasion, it’s 25 years !

Then at the end of the Lease Option Term – you can either choose to buy the property, or walk away (You have the OPTION to buy, but not the obligation to buy)

IMG_7006

This example property just came across my desk this afternoon:

ANYONE CAN BUY
OVERSEAS BUYERS WELCOME
All you pay is our fee’s and legal fee’s
2 Bedroom end-terrace
25 Year option to buy @£46,500
Monthly payment £180
Vacant possession
Rent values approx £350-375
Bank val of £60,000 back in 2011

Notes:

Needs a new hob, window and boiler and a lick of paint

Looks like an awesome deal. But is it ?

And how would you know ?

Thats why you use a Property Coach like me – check it out at https://www.daniellatto.co.uk/business-coach/

 

Chat About Your Next Project With Us

Latest Posts You May Enjoy

May 17, 2024

May 15, 2024

May 13, 2024

May 10, 2024

May 8, 2024

May 6, 2024

May 3, 2024

May 2, 2024

May 1, 2024

April 29, 2024

April 26, 2024

April 24, 2024

Full Service

Digital Marketing Agency

Get more traffic. Acquire more customers. Sell more stuff.

Grow Your Brand