Blackstar Property

BMV Opportunities (sample only)

We currently have a number of BMV opportunities, including some tenanted properties, in the following areas:

County Durham
Gloucestershire
Northumberland
Worcestershire
Barnsley
Birmingham
Bradford
Leeds
Manchester
Middlesbrough
Morecambe
Newcastle
Redditch
Stourbridge
Telford
Wolverhampton

The following are examples of what we have on offer:

Development situated just outside of Leeds City centre comprising mix of semi and detached homes.

3 x 3 bed semi detached.
25%-30% discount to RICS valuation – indicative discounted capital values of £105,000 each. Indicative rental estimate £575+ pcm. Build complete.

2 x 3 bed semi detached.
25%-30% discount to RICS valuation – indicative discounted capital values of £105,000 each. Indicative rental estimate £575+ pcm. Awaiting roof tile *.

4 x 3 bed (3 storey) semi detached.
25%-30% discount to RICS valuation – indicative discounted capital values of £122,000 each. Indicative rental estimate £600 pcm. At roof tile *.

Apartment development situated within Morecambe, Lancashire.

2 x 2 bed apartments. Secure parking with electric gated access.
25%-28% discount to RICS valuation – indicative discounted capital values of £93,000 each. Build complete.

Development situated just outside of Bradford.

1 complete self contained block of 12 x 2 bed apartments.
25%-30% discount to RICS valuation – indicative discounted capital value £990,000 for entire block. Indicative rental estimate £500 pcm. At roof and glaze stage *.

8 x 3 bed detached.
25%-30% discount to RICS valuation – indicative discounted capital values of £109,000 each. Indicative rental estimate £600+ pcm. 3 x build complete stock, remainder at roof and glaze *.

Development situated east of Manchester City centre. 30 seconds walk to train service taking 6 minutes into City Centre.

1 x 3 bed semi detached with en-suite & parking.
26% discount to RICS valuation – indicative discounted capital value £112,000. Indicative rental estimate £550 - £575 pcm. At roof and glaze stage *.

3 x 3 bed mews with parking.
26% discount to RICS valuation – indicative discounted capital values of £95,000 each. Indicative rental estimate £525 - £550 pcm. At roof and glaze stage *.

Footnotes:

All above discounts subject to RICS valuations.
* Where units are not yet build complete there may be opportunities for purchasers to choose kitchens and other finishes.