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12,185.00 EUR House Sell Grenada

Property Attributes

  • ReferencesADI2b
  • Price12,185.00 EUR
  • LocationGrenada
  • Address
  • Part of cityNot specified
  • StatusSell
  • TypeHouse
  • Floor size0.0
  • Rooms0
  • HeatingVerygood
  • ConditionVerygood

Features

  • Parking space

Descriptions

REF ADI2
BARGAIN PRICED: $25,000/£16,666/€18,518 & FULLY LET, PRODUCING AN INCOME
Cheap substantial home: FIVE BEDROOMS, THREE LIVING ROOMS
GROSS ANNUAL RETURN: 34%
NET ANNUAL RETURN, AFTER RUNNING COSTS: 23%
FULLY LET & BRINGING IN AN INCOME FROM DAY ONE
Listing agent remarks : Victorian flair, look at the detail on the exterior of this home and interior of porch. this home has space galore. rented presently at $700. per month. 5 bedrooms, 3 living rooms, eat in kitchen and  formal dining room. large back yard with garden. driveway and no next door NEIGHBOR. VERY NICE BUILT IN CABINETS, NEW HOT WATER TANK, GAS FORCED AIR FURNACE.
Property Type
Substantial Victorian Detached family property consisting 5 Bedrooms, 3 living rooms
Financial details
Net rental yield after all annual running costs
($8,400 - less running costs; $840 management, $700 water and insurance , $1,134 property taxes =$5,726)
Gross rental income; $700 / £437 / €500 per month
Net rental income; $477 / £298 / €340 per month
Buying expenses
The all inclusive purchase costs for this property are $4,000.You could own this property for $29,000 and not a cent more, approximately £19,333 / €21,481 with all buying, legal fees & commissions paid.
We will have the property surveyed, valued by an independent valuer and a full management report prepared for you on the property, the rent-ability and the tenants, THERE ARE NO HIDDEN EXTRAS, ALLTHIS IS INCLUDED IN THIS PRICE. Approximate breakdown of purchase costs per property are as follows;
Legal costs: $1,200
Survey costs / Property report: $1,000
Commission / fees: $1,800
Please note that with the ever changing exchange rates we have used £1=$1.65 & €1= $1.50 for guidance only, as all property prices are set in USD.
INTERESTED IN THIS PROPERTY? CONTACT US FOR DETAILS
We provide a complete purchasing service and will introduce the management that will maintain the property and collect the rent.
We will also source any property for our clients to suit their needs and budget.
Property Description
The Property: A substantial detached five bedroom property with three living rooms.The Location: The property is situated in a good rental area of west Syracuse about a mile from the city center and the main shopping mall the Carousel centre Condition: This is a new listing and has yet to be checked by our property management team, if you are interested in this property we will check it for you. Occupancy rate: Extremely high, due to the location and type of property there will always be a demand for this property and it would be easy to find replacement tenants if needed.Tenanted: Yes, we only sell properties with a high rental demand.Management of this property: A full management service will be provided with this property. The City
Syracuse, USA; the City with PotentialSyracuse is a vibrant city with much to offer and, with the right advice on property types and areas, it offers great investment opportunities. One of the key considerations to assure demand for your rental property is LOCATION.
The city boasts a University, a variety of schools, several hospitals, shopping malls, an airport and also the multi-billion dollar Destiny USA project. This is a major redevelopment project that will provide hotels, waterfront restaurants, office and retail space, which will attract additional business and employment to the city, the first phase of this project will be completed in spring ‘09.
Market report
Property prices have not suffered in Syracuse, unlike many other areas in the USA, the reason being that prices have been historically low while offering excellent returns on investments. A full market report will be supplied upon request or can be found on our website
The Service we provide
American Dream Investments (ADI) specialize in sourcing high yield income properties in the area of Syracuse, Onondaga County, NY State, USA, for investors who are seeking a truly bespoke service tailor made to their individual requirements.
The company takes pride in offering properties that produce an annual income of approximately 20% net, after running costs have been deducted. The properties are situated in good locations with high rental demand and are offered at the lowest possible negotiated price.
ADI invite you to contact them and they will be delighted to answer any questions you may have regarding the advantages of investing in Syracuse and the benefits of the full purchase package and management service they offer.
Thank you for showing an interest in our investment property and we very much look forward to you contacting us in the future.

Property keys:
Asking price $25,000/£16,666/€18,518
Gross annual return $8,400 / £5,250 / €6,000 34%
Net annual return $5,726 / £3,578 / €4,090 23%
5 bedrooms,3 living rooms, 1900 sq ft
Substantial & attractive property
Exceptionally low property tax $1,134 PA
Fully let & bringing in an income from day one
Full management service provided

Additional features:
Legal Fees Paid
Legal Fees Paid
Discounted Price
Below Market Value
Capital Growth
High Yield
Fully Managed
Low Risk Profile
Immediate Income
Tenanted Property
City
Shops
Parking
2 Storey
Freehold
Victorian
Garden
Balcony
Carport
Allocated Parking
Basement
Central Heating
Dining Room
Fitted Bathroom
Fitted Kitchen
Off Street Parking
On Street Parking
Wooden Floors
Cooker
Garden Furniture

Map

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