Full Description

 Cash purchase only, buy outright for £21,157 including all fees and costs. This is a 4 bedroom single family investment property in a desirable location to the nortwest of Rochester NY, where there are lower priced properties available ensuring maximum yield potential to our investors. The property has benefitted from many updates, and has been refurbished to a high standard both on the interior and the exterior. The attic provides another room, and the garden has a decking area. The tenant is content to stay long term, and pays $795 a month, giving a gross rental yield of 28%, four times what you can achieve currently in the UK.

The net return is £256 a month.

                                        $                              £

Gross rental income         9540                        4892

Surplus after outgoings    5987                        3070

Net monthly return            499                          256

NY Licensed home inspection conducted, appraisal conducted, and market comparable sales analysis available. A full investment package is provided to cover every facet of the investment, from sourcing through to closure and into property management, nothing is left to chance. Our stateside team of professionals will assist every step of the way. Single family properties have many benefits over multi family units. The are easier to manage, require less maintenance, and the exit strategy of a larger resale market is available to local homeowners looking to move into a property that has benefitted from many updates.

The third largest city in the state of New York, Rochester is the sister City of Buffalo and borders Lake Ontario. The City is ranked 2nd fastest growing market in the USA.You will find that the capital growth in Rochester is set to reach around 7% in 2008.It's home to a large number of international businesses such as Eastman Kodak, constellation brands and Bausch and Lomb and this is ever increasing, and is the world capital of imaging technology and optical science. Ranked No.1 for business relocation and quality of life out of 362 Metropolitan areas USA wide, there is much to offer in this City for businesses, families and investors alike.