Are you are Shepherd or a Sheep?
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Those who take pro-active steps in life are generally more successful than those who take re-active ones. Would you prefer to look in the property paper in three years time and tell other people how much money you have made or how much money you could have made?
Take the lead and buy brand new off plan apartments at 1/10th of London prices and 24% discount to market value in a pre-eminent European city of culture.
• Benefit from a low 20% deposit scheme of only £6900 upwards.
• 3.75% Interest Only Mortgage option
• 15% pa capital growth projection
• Rental yield in excess of 7%
• The ability to assign your contract during the build period at a profit.
For our existing Retained and Auction Service Clients we simply cannot stress enough the importance of acquiring one of these apartments. Given the prices and the financial package available on this development you currently cannot better this deal anywhere in the UK or Europe, especially in a capital city location!
Find out more, read on, call the team now on 01342540050 or
Request a copy of our detailed investment summary
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Listed below for your interest is the story of Choices Chairman Simon Shinerock's beginnings in property investment. It is to highlight the profitability in taking a decisive pro-active step of investing when most other people are still procrastinating.
My Story: Simon Shinerock, Chairman of Choices
The 18th century English demographer and political economist (Robert) Thomas Malthus made the famous prediction that mankind’s spiraling population growth and its demand for food would be greater than the supply, leading eventually to worldwide famine.
Ebenezer Scrooge from ‘A Christmas Carol’ was supposed to represent the perceived ideas of Malthus, when famously answering why he refuses to donate to the poor and destitute: "If they would rather die they had better do it, and decrease the surplus population."
As it turned out, Malthus underestimated our ability to increase the food supply with the needs of an ever growing population. Our ability to overcome food shortages however has not been replicated with our ability to overcome the property shortages. Although there are vast tracts of undeveloped land in the world, the fact remains that the majority of people want to live in the worlds’ established city centre’s, all of which are already occupied to bursting point.
The start of my property investment journey:
In 1995 I bought five new apartments in Crawley for £55,000 each. At the time mortgage rates were around 8%, however the rent more than covered the interest payments. The situation became better as interest rates started to fall and rents went up. Today the apartments are worth £180,000 each and command rents of £850 per month. My initial investment of £60,000 has turned into £625,000, representing a return of over 1000%. Additionally, the combined gross rent is now £51,000 per year with mortgage interest of about £13,000 per year leaving a gross profit of around £38,000.
Not bad I hear you say, but what does all that have to do with me? I can understand why you might think that those times have gone and will never happen again. After all, if you were to buy one of those apartments today for £180,000, even if you put down a deposit of £60,000 the mortgage interest alone would cost around £12,000 per year; this amounts to more than the rent. In other words, even at £60,000 deposit level the deal would not wash its face.
Is the time for property investment over?
Is it the case that the end is neigh for property investment? Should you invest in stocks and shares, or perhaps keep your money in the bank in the belief that everything will work out in the end?
It is certainly the case that buying property as an investment in the UK is trickier now than it was when I bought and is beyond the financial reach of millions of people. Indeed you may be one of them!
How to profit by knowing when to act
You don’t have to let your dream of financial security and independence fade away and resign yourself to life as a wage slave.
What would you do if you could turn back the clock? Given the opportunity, would you buy as many properties as you could? Given the means to do so it’s a no brainer; of course you would, who wouldn’t?! Well, most of the population at the time actually.
Let’s make the question a little harder; let’s say you were back there in 1995 and I advised you that this was the biggest opportunity of your life. Would you have believed me given the fundamental facts prevailing at the time? Quite possibly, but of course back then I wasn’t in the property investment business and there were no organizations like Choices Acquisitions around to point these fundamentals out to you. It is forgivable if you don’t spot an opportunity which is outside your own field of vision, but it is inexcusable to look another gift horse in the mouth!
In just the same way as I saw the opportunity to benefit from the recovery in the UK property market in 1995, I now see the opportunity to do the same thing in Eastern European City Centre’s’. The big question is, given the facts, will you have the determination and commitment to act on them, or will you be looking back in another 12 years time wishing you had?
Request a copy of our detailed investment summary
Yours sincerely
Choices Acquisitions and Investments
01342 840000
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