Properties
Properties currently being considered for investment:
5 reposessed properties in South Africa to be purchased on auction or before auction, refurbished and put on the market for sale as soon as possible, returning investment profits to investors. See details on http://www.edgeinvestments.co.uk/syndicates.asp if you want further details in joining us in this great opportunity.
Properties previously considered by Edge Investment Syndicates include:
1. 7 Sipres Street, Arbor Park, Newcastle, South Africa - Sold for 255,000 SA Rand in February 2010
A detached property in a good residential area in need of refurbishment. Estimated cost of conversion 100,000 SA Rand. Final Market Value estimated at 650,000 SA Rand. Even if sold for 600,000 SA Rand for a quick sale, this would generate a 69% profit on investment.
2. 35 Coley Hill, Reading RG1 6AE - Auction Guide Price £295,000 - Sold for £370,000
A spacious double-fronted building in need of refurbishment which is suitable for conversion into flats and bedsits.
Estimated cost of conversion to current building regulations is £50,000 and with stamp duty and solicitor's fees totalling £12,000, this makes a total investment of £432,000.
Projected annual rental income on completion of building works - £61,200. This would result in an annual return on investment of over 14%.
3. 3 Westcote Road, Reading RG30 2DL - Auction Guide Price £245,000 - Sold for £278,000
A detached building with 5 bedrooms in need of complete updating and refurbishment, suitable for conversion to bedsits.
Estimated cost of conversion to current building regulations is £40,000 and with stamp duty and solicitor's fees totalling £9,400, this makes a total investment of £287,400.
Projected annual rental income on completion of building works - £33,600. This would result in an annual return on investment of over 11%.
If you are interested in investing in a similar project with Edge Investment Syndicates, please Contact Us for further information.