HIGH YIELD INVESTMENT OPPORTUNITY

Property reference

BPISYR239CL

Property particulars

Fixed price of
GBP 13,333

Bedrooms:	3	Tenure:	Freehold
Bathrooms:	1	Property age:	50-100 Years

Property description

HIGH YIELD INVESTMENT OPPORTUNITY

SINGLE FAMILY PROPERTY
GROSS RENTAL YIELD 30%!!
LIST PRICE: $29,900 / �15,333
AGREED PRICE: $26,000 / �13,333
APPRAISED VALUE: $35,000 / �17,948

IT WILL COST YOU ONLY �16,366 TO BUY THIS PROPERTY OUTRIGHT
INCLUDING ALL EXPENSES, FEES AND COSTS!

� Gross Rental Yield 30%
� NET Monthly Income �186
� Property Manager Assigned
� Home Inspection Conducted
Estimated non urgent repairs $5000
� Great location
� Single Family Property
� Attorney Assigned

This investment property is located in the city�s more desirable north side, close to Schiller Park, approximately 1 mile to the east of the famous Carousel Centre on the banks of Onondaga Lake.

About half of the residences in this area are home owners and half renters. This home is situated on a low traffic street. All expected amenities such as schools, shops etc are nearby.

The projected rental income is $650/month.

FEATURES:
Single Family Property.
Many owner-occupied properties in area, excellent re-sale potential.
Partially fenced rear yard. Lot size is 33 x 121.
Plenty of off street parking.
Tenancy type: Month to Month.
3 bedrooms, 1 bath, lounge, kitchen. This house is in good,clean condition.
The master bedroom is very large and two bedrooms have walk-in closets.

The name derives from SYRACUSE in Sicily, and is linked because of the salt found in swamps there centuries ago. It lies in central New York, about 3 hours by car east of Buffalo and Rochester. In the 1950�s to 1970�s the population increased dramatically due to the presence of car manufacturer�s in the city sparking mass migration to the area. The loss of this industry followed, and the population declined.

It now has a steady population, and relies on less larger named employers, but instead has smaller businesses which do provide a certain amount of stability. Evidence of this is found in the multitude of active business districts in the city.

The top 5 employers now are: Syracuse University, Medical University, National Grid, Wegman�s food markets and Oneida Nation. Last year, Syracuse�s job growth rate tied with NY City for the highest in the state! (CNN) Planning consent has recently been passed to expand the city�s current carousel centre which houses retail, leisure and business industries, into the proposed �Destiny USA� project. This would be among the largest malls in the country! Creating thousands of new jobs and turning Syracuse into a huge metropolis and tourist destination. Phase 1 of the destiny project is underway, phase 2 has been agreed. This is a must place to invest into, and is also ranked in the top 10 places to own real estate in the USA.

The excellent positioning of this city within New York State ensures that it is a major route for all trade and commerce that passes from NYC through to other states below. Property prices are slightly higher, but with an anticipated capital growth rate predicted to be the highest in Western New York this year, and with the increased job growth and expansion plans, this will be a �hotspot� for investors in the coming months and throughout 2008.

We provide a complete professional investment package on our Western New York rental properties. Prices start at �10k, NET rental returns of �250 monthly. With a weak dollar, and gross yields over 25%, now is the time to build a portfolio of freehold properties in Buffalo, Rochester and our new location - Syracuse, NY. We have over 2 years experience and offer unrivalled service to give you an armchair investment.

THESE PROPERTIES DO NOT STAY AVAILABLE FOR LONG,
AND WITH SUCH FANTASTIC GROSS RENTAL YIELDS IT�S NOT HARD TO SEE WHY!

CONTACT US NOW FOR MORE INFORMATION!!!

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