Property Details
- Property: Detached (Resale)
- Bedrooms: 6
- Bathrooms: 2
- Receptions: 2
DUPLEX 68.5% Gross Rental Yield USA
SECURED AT $14000, ONE APARTMENT OCCUPIED AT $400 per month, THE UPPER IS CURRENTLY VACANT BUT WILL ALSO RENT FOR $400. 68.5% Gross Rental Yield, £351 GBP rental NET return. TWO APARTMENTS UNDER ONE ROOF WITH SEPARATE ENTRANCES AND UTILITIES. OVERALL INVESTMENT COST IS £11,585 GBP.
Features
3 bedrooms, kitchen, living room, dining room and bathroom in two apartments under one roof. Duplex property investment secured at $14,000 ( £9,333) in good condition with many updates. Well maintained externally and internally and currently managed professionally. One unit is occupied to a long term tenant paying $400 Per month, the upper unit (more popular with tenants) is currently vacant but will rent for $400 per month. Suitably screened tenants will be found for the vacant apartment as soon as possible after closing. DPI Ltd offer a ONE month rent guarantee on the vacant apartment. The current gross rental yield is 38%, which will be 68.5% when fully let. The area is north of Downtown Buffalo, close to Canada and LAKE Erie. Well placed in a catchment area that includes hospitals and universities/colleges. The overall investment cost in GB Pounds is £11,585, for a NET return that is currently £111, but will increase to £351 when fully let. Survey to be conducted. DPI have over 4 years experience and knowledge of the Western New York Housing Markets and have sold hundreds of investment properties to clients from all over the world. Our sourcing and supervision fees are the cheapest this side of the atlantic, by far. Contact DPI Ltd for the FULL PROPERTY PROSPECTUS report.
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