Superb Investment Property in Harrogate, UK
Prices from GBP £109,900
Ref: Flaxby Hall
2 Bedroom(s), 1 Bathroom(s) |
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Flaxby Hall, Harrogate
Earn 7.5% guaranteed for 8 years
Flaxby hall is set to be one of the iconic locations in the North of England, and through Quest 2 Invest you could own your part of this amazing investment opportunity. Offering unrivalled luxury and facilities for those staying here, the income stream being guaranteed by the developer, coupled with the opportunity for capital growth, make Flaxby Hall a must have in any serious property investors portfolio.
For those who have a SIPP to manage their portfolio, Flaxby Hall is full SIPP compliant, offering investors the opportunity to receive their income without generating a tax liability, as well as offering the potential for 40% tax relief on the initial capital investment. The developer has also organised access to bank finance for those investors who would prefer to purchase with the benefit of a mortgage (subject to status). Investors who do not purchase through a SIPP can also benefit from discounts for personal use of the facilities (Government rules prohibit this for SIPP beneficiaries).
Located midway between York, Harrogate and Leeds, Flaxby Hall offers its guests a 27 hole golf course as well as all the facilities you would expect from a luxury 5 star resort complex, including sports facilities, health club, conference facilities and a luxurious Spa centre (Champney’s. E’Spa or equivalent). It is minutes from the A1, and only 15 miles from Leeds Bradford airport with limousine of helicopter transfers available.
Key Investment Features
Guaranteed return of 7.5% for 1st 8 years
No maintenance costs or service charges for 8 years
50% of room revenue thereafter
Guaranteed buy back option
Excellent capital appreciation potential
999 year lease
Low entry cost (20% deposit) balance on completion (Spring 2011)
85% mortgages available
SIPP Compliant
No agency fees or council tax
Hotel Facilities
303 luxury rooms and suites
27 hole golf course
3 restaurants
2 bars
4 helipads
Luxury golf club house
Spa
State of the art conference facilities
450 car parking spaces
24 hour driving range
Nature trail through the 283 acre site
Completion Spring 2011
Price Examples
Prices:
Double Room 300 sq ft £109,900 50 Units
Junior Suite 450 sq ft £133,045 100 Units
Club Suite 550 sq ft £181,445 75 Units
King Suite 650 sq ft £217,745 73 Units
Please Note:- These prices are subject to VAT at 17.5% that is then reclaimable shortly after completion.
Payment Plan:
Reservation: £1500
Exchange: 20%
Completion: Balance
Mortgages are available up to 85% of the purchase price of the property
The developer is offering free legal fees up to £1000 on the properties
Please contact us for further information
More property photographs
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