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Reference ID :  
28171
Enquiry date : 
30/01/2010
CANNOCK, Staffordshire WS12-3, LEASE OPTIONS, 4-Bed Det, LARGE EQUITY, REF 28171

Mrs.  
XXXXXXXX XXXXXXXXXX
Email address :  
XXXXXXXXXXXXXXXX
Contact number 
Home :  
XXXXXXXXXXX 
Work :  
XXXXXXXXXXX 
Mobile :  
XXXXXXXXXXX 
Address of property
House / Flat number :  
X
Street :  
XXXXXXXXXXXXXXX
District 
heath hayes
Town :  
cannock
County :  
Staffordshire
Post Code :  
ws12 - 3XX
Type Of Property :  
Detached
Number of bedrooms :  
4
Number Of Bathrooms :  
1
Number of separate toilets :  
3
Number of reception rooms :  
3
Garage:  
none
Is there a garden? 
back only 
Are there any nice or unique features of the property that may be of interest to the cash buyer? For example, fireplace, wood flooring, end of terrace, etc 
large attic, conservatory,cellar. refitted kitchen,refitted bathroom,replastered ,2staircases,ensuite bedroom,
What is the general condition of your property?  
good 
Is there anything you would like to add regarding the general condition of your property?
house is 110 years old 2 terraces knocked into one.it is in very good condition considering the age, has been used as commercial property is the past and could easily be converted into at least 5 bedsits
When was your property built approximately?
1892
Does your property have central heating?
not answered
Does your property have double glazing?
Yes
What is the structure of your property?
brick-built
Is your property ex-council or housing association?
No
Is your property in a block?
No
If it is in a block, are more than 50% of the flats privately owned
not applicable
If it is in a block, how many floors are there?
not applicable
If it is in a block, on which floor is your property situated?
not applicable
Is your property above shops that sell foods and drinks (e.g. restaurants, takeaways, etc)?
No
Is the property freehold or leasehold?
freehold
If leasehold, how many years are there left?
not applicable
Have you done any work on the property? If yes, please give details, e.g. new bathroom, kitchen, etc
new bathroom new kitchen new carpets 4 beds 3 reception
Estimated value of property :  
175000
Explain briefly how you arrived at this figure : 
it was first valued at £211000 3 years ago it was valued at 318500 by an estate agent it is on the market for £175000 for a quick sale
Outstanding mortgage balance :  
48000
What is the monthly achievable rental income for your property, if known? £  
650
What's the reason for selling? : 
husbands business not doing very well so we need to loose the morgage
How soon do you need to complete?  
Less than one month
Do you wish to rent back the property?  
No
If yes, how long do you wish to rent it back for?  
Not applicable
Any loans secured on the property not already included in the mortgage balance? 
No
Property currently on the market ? 
Yes
If yes, how much is it on the market for?  
175000
If yes, how long has it been on the market for? :  
2+years
Has the price ever been reduced? 
Yes
If so, what was the original price? 
211000 
If so, when was it reduced? 
gradually over 2 years 
Based on the estimated value of your property of £ 175000, the most likely cash offer that you would receive from the buyer is £ 131250. Your cash buyer is ready to contact you to discuss this preliminary offer soon! However, we will need to ask you to confirm that you are serious about discussing this preliminary offer with this genuine buyer with no obligation.
Are you able to confirm this?  
No
If the answer is no, which of the three alternative offers that we have shown you would you be willing to consider?
No, I would not consider any of the offers above, but I would like to discuss the possibility of selling my property without reducing the price using an instrument called Lease Option.
Please provide further information you feel may be relevant for the cash buyer:  
 
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