An excellent opportunity to acquire an American property portfolio at an unbeatable price. The properties are in close proximity less than 200 metres apart so offer economies of scale for development and maintenance.
The first property (West Princeton Ave) has 4 bedrooms and 2 reception rooms and needs only cosmetic refurbishment (estimated at $2,000).
The second property (Laclede Ave) has 4 bedrooms and 3 reception rooms and needs complete refurbishment (estimated at $6,000).
There are no debts on the properties and all taxes are paid upto date. The potential rental income is in excess of $1,000 per annum.
Attention: Buyers Premium applies when purchasing this property
This property is offered for sale subject to any buyer undertaking to pay a premium in addition to the agreed contractual price. A buyers premium of 5% subject a minimum of £5,000 plus value added tax (at the prevailing rate) becomes due on acceptance of your offer by the vendor. Buyers premium is paid on a non refundable basis* therefore due consideration should be given by the purchaser to your ability to raise any mortgage or loan that you require to finance your purchase. We also advise you to consider undertaking any structural survey or professional valuation on your behalf before paying the buyers premium.
In the event of the purchaser withdrawing for any reason whatsoever from the sale, including defects in the title or issues raised by survey or searches, the buyers premium of 5% subject a minimum of £5,000 plus value added tax (at the prevailing rate) will be forfeited.
*In the event of the vendor withdrawing from a sale prior to exchange of contracts, the buyers premium will be refunded to the purchaser in full.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.