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Home / Property Stock Market / America / Capital Growth

Usa027 - 3 Bedroom Detached House


Usa027
Launch details
Launched
August 2008
Issue Price
£9.75
Property Value
£1,950
Shares Issued
200
Equity Per Share
0.5%
Key Points
  • Cheap Detached House
  • Under 50% of value
  • 3,800 sq ft garden
  • 1,212 sq ft property
  • Good Profit Potential
Shares Available sold out
Share Price £12.18   Up 25%
Commission (2.5%) £0.30
Total Share Price £12.48
Property Value £2,437 Up 25%
Equity Per Share 0.5%

Total share price£12.48

Sold out

Bid for SharesRegistered members can now bid for shares

Synopsis

Cheap PropertyA 1,212 sq ft  detached property in need of refurbishment, situated in 3522 E. Cleveland,Ohio. Comprising of 3 bedrooms, 1 bathroom, kitchen and lounge. Built in 1920, the property sits in a 3,800 sq ft plot.

Ftsie will be investigating the possibility of renting this house, as if it is tenanted the re-sale value will be substantially higher.

Capital Growth

Property PlanThis property has been purchased at a total cost of £1,950. Adjoining properties have sold recently for in excess of $50,000.We are of the opinion that this property can be resold "as is" for in excess of £2,500 and an even higher price if it can be let out.

We see a potential 20-50% profit in this property within the next twelve months.


Purchase Price

*Total Purchase price of a property, includes some or all of the following additional costs and expenses incured in completing the purchase of the property; Estate agents fees, lawyers fees , local taxes, stamp duty, valuation fees, fees for surveyor, title insurance, company formation costs, trust acc formation costs, letting and management fees, specialist advisors costs, listing cost. 




Total share price£12.48

Sold out

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