| LTAP Investments | |
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| Kingsway - Lancaster |
| 18% Discount |
Summary
1. 18% completion incentive guarantee
2. Pre-planning investment opportunity
3. One and two bed apartments available
4. High specification, some with balconies, all with parking
5. River views available on most apartments
6. Prices from £135,000
The Development and location
The Lancaster District’s vibrant mix of city, coast and countryside means it has so much to offer. The county has a large and diverse economic base featuring an expanding Service sector which accounts for 280,000 jobs (67%) followed by manufacturing including engineering and aerospace which accounts for a further 106,000 (25%)
Lancaster is a university town and also has a training hospital. The student population exceeds 20,000 The centre of Lancaster offers a delightful shopping experience with two well established shopping centres, many high street names and a host of specialist retailers, in a network of pedestrianised streets. In addition , many unique shops, cafes and restaurants housed in historic buildings are hidden away down charming narrow lanes waiting to be explored.
The Kingsway apartments are the last scheme passed before the moratorium meaning there will not be anymore apartments schemes for the foreseeable future. It consists of 100 generously proportioned apartments with allocated parking and most units having views of the river.
Local agents reported that demand in the area for rental property is very high.
Transportation
The site is a short 3 minute walk to the town centre and easy walking distance to all transport links.
Key Features
1. 18% completion incentive guarantee
2. One and two bed apartments available
3. High specification, some with balconies, all with parking
4. River views available on most apartments
5. Prices start from £135,000
6. Completion due December 2008
Customer Benefits
1. Last scheme passed before Moratorium
2. Lancaster University is ranked top ten for research
3. Low cost 10% deposit bond available (subject to status)
4. Optimum size for investors
5. Pre-planning investment opportunity
Buying Process
1. £1000 Reservation Deposit held in solicitor client account fund
2. 10% Deposit on exchange (exchange bond available to cover this payment for investors)
3. Rest on Completion (85%-90% mortgages available subject to status)
Notes
1. 2.00% finders fee for 1st property with No VAT
1.80% finders fee for 2nd property with No VAT
1.60% finders fee for 3rd property with No VAT
2. All Finders fees are for the moment charged with No VAT, which will save the investors money.
This will change in the next few months when we become VAT registered.
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| tel: 0207 231 9008 | info@letstalkaboutproperty.com | free: 0800 781 7601 |