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Home / Property Stock Market / America / Capital Growth

Usa062- 3 Bedroom Detached House


Usa062
Launch details
Launched
July 2009
Issue Price
£8.75
Property Value
£3,500
Shares Issued
400
Equity Per Share
0.25
Key Points
  • Detached House
  • Good Neighbourhood
  • Very Large Gardens
  • Excellent Profit Potential
Shares Available sold out
Share Price £8.93   Up 2%
Commission (2.5%) £0.22
Total Share Price £9.15
Property Value £3,572 Up 2%
Equity Per Share 0.25%

Total share price£9.15

Sold out

Bid for SharesRegistered members can now bid for shares

Synopsis

A 875 sq ft detached house comprising of 3 bedrooms a bathroom, kitchen and lounge.Built in 1944, the property sits in a 9,000 sq ft plot in Norfolk Street, Memphis, Tennessee.

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

This property has been purchased at a total cost of £3,500. We are of the opinion that it can be resold "as is" for in excess of £4,250 and an even higher price if it can be let out. Making investors a 20-30% Profit



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£9.15

Sold out

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