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HIGH YIELD INVESTMENT PROPERTY
Property reference
BPIBKCOTI
Property particulars
| Fixed price of GBP 13,333 |
|
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Property description
HIGH YIELD INVESTMENT OPPORTUNITY
SINGLE FAMILY PROPERTY
GROSS RENTAL YIELD 28%!!
LIST PRICE: $28,000 £14,358
AGREED PRICE: $26,000 £13,333
APPRAISED VALUE: $26,000 £13,333
IT WILL COST YOU ONLY £16,366 TO BUY THIS PROPERTY OUTRIGHT
INCLUDING ALL EXPENSES, FEES AND COSTS!
· Gross Rental Yield 28%
· NET Monthly Income £206
· Already Fully Let
· Property Manager Assigned
· Home Inspection Conducted
· Great location
· Single Family Property
· Attorney Assigned
This investment property is located within the ring road of the city centre, close to SUNY Buffalo State College and Delaware Park. Millard Fillmore Gates Circle Hospital is close by.
This is a desirable area of mostly single family properties in average condition. The neighbourhood
offers proximity to employment centres, schools, churches, shopping and recreational facilities.
This property is already fully let to a tenant who has signed a 1-year lease at the beginning of 2008.
Features:
Detached two storey, Single Family Property with 4 bedrooms, 1 bath, living/dining room, eat-in kitchen and additional sitting room. Tenancy type: Month to Month.
This property is currently managed by ABC Management who are considered the best in Buffalo. They can continue to manage the property which makes for an easy transition. The rent on this property is guaranteed for 3 months to cover any eventuality. This is available to BPI clientele ONLY for a limited
time and only on limited properties. No other company can compete with this!
Buffalo is five hours behind GMT and is located in Western New York, about half an hour's drive from Niagara Falls. The area measures 50 square miles and is the second largest city in the state of New York. It borders Canada, with Toronto just two hours drive away.
The capital growth in Buffalo is set to reach around 5% this year, and more in the better areas of the city. There are many development projects that have been either completed, ongoing or are set to begin. Buffalo has seen record investment recently, with over $3 billion in projects. New businesses and existing businesses that have expanded have resulted in an increase in ‘white collar’ workers, thus increasing the population and encouraging other companies to invest there.
The real estate market remains ‘investor driven’. There are many portfolio owners there from all over the world. There are many bargains to be had, whether it is a duplex property with a high rental yield, or a single that will appraise far higher than the purchase price with a little work required, in areas of higher priced homes.
Buffalo is coming out of a recession and is rapidly improving, there has been a 3% rise in property prices over the last few months so now is the right time to invest in one of the cheapest housing markets in the world.
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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