Call Us Today:: +44 (0)207 100 2393"
Tennis
Spa
Pool
Parking
Gym
Our last tenanted opportunity was sold out within one month of release. But those who missed out can now have the opportunity to secure a super investment deal before the market starts to increase.
We have a selection of one- and two-bedroom properties available on a strictly first come-first served basis. Many of these properties have lake and pool views, although these will be the first to go – so please contact us immediately to register your interest and check availability.
This super development is priced 70% below 2008 prices and is very well positioned to benefit from strong rentals through our established management company, as well as capital appreciation over the medium to long term. This is a hassle-free opportunity. We take care of management, maintenance, transfer of profits – and more.
When first launched, Tradewinds was selling steadily at prices in excess of $220k. Unfortunately, the recent economic challenges caused the developer to run into financial difficulties and, after a lengthy foreclosure process, the bank repossessed the remaining unsold units.
Banks are into the business of lending – they're not interested in managing properties. As such, they need to have all the units sold within the next 30 days. To achieve these disposal targets, they have dramatically reduced prices to attract investors looking for a quick bargain.
| Purchase Price | $58,900/£36,000 | $68,900/£43,000 |
| Bedrooms | One | Two |
| Size | 627 sq ft | 836 sq ft |
| Leased Until | 30th September 2011 | 31st July 2011 |
| Purchase Costs | ||
| Management Setup | FREE | FREE |
| Tenant Sourcing | FREE | FREE |
| Closing Costs minimal due to bank contribution | $520 | $520 |
| Total Estimated Costs | $520 | $520 |
| Gross Monthly Rental Income | $685 | $850 |
| Gross Rental Yield | 13.96% | 14.80% |
| Monthly Running Costs | ||
| Management Services @ 10% | $68 | $85 |
| Estimated Council Tax | $74 | $98 |
| Community Fee | $183 | $242 |
| Insurance: | $81 | $88 |
| Monthly Net Cash Flow: | $277 | $337.00 |
| Net Rental Yield | 5.65% | 5.86% |
Properties come complete with appliances, large rooms and storage areas, private patios or balconies, parking space and plenty of visitors' parking.
One-bedroom apartment from: $58,900 / £36,000
Two-bedroom apartment from: $68,900 / £43,000
Colordarcy clients will benefit from discounted legal fees – making owning your Florida investment property that much cheaper.
Metrowest is in the heart of the Metro Orlando area - nine miles from downtown Orlando, 25 minutes from the international airport, five minutes from Universal, 20 minutes from Disney and within 20 minutes of other major employers. It has excellent transport links, being just five minutes from the main Interstate 4 highway linking Central Florida with Tampa to the south and Daytona and Jacksonville to the north.
Within the town centre, there are many banking, dining, entertainment and shopping options. They include a Sun Trust bank, Publix supermarket, Sam Sneed's Tavern and the Florida Tap room. There is a championship golf course that has hosted tournaments and has received #1 ratings from respected sources. Other outdoor pastimes include many lakes for fishing and boating, as well as a country park.
Timing your entry and exit in a property market is a key element in becoming a successful investor. The eagle-eyed property investor is always looking to buy at the end of a recession, at the bottom, or in the recovery stage. You realise profits by selling or releasing equity during the expansion and peak stages.
Property prices in Florida are starting to increase and properties are selling quickly. To avoid disappointment, we encourage all interested parties to contact us today to reserve your property. Units are allocated on a strict first-come basis. The time to secure your Florida property investment is NOW!
If you're looking for a hassle-free bank repossession property, with tenant in place and income from day one - this is it.
Don’t miss out on this bank-repossession offer. Please Call: +44 (0) 207 100 2393 or Email us Today for more details and to receive your “FREE Tradewinds Brochure.”
Loxley McKenzie
Managing Director
PS Remember – move quickly. These repossessions will sell out fast.
We are open: Monday to Friday 09:00 - 20:00 (GMT) and Saturday 10.00-17:00 (GMT)
Currency Disclaimer: Sterling, Euro and US Dollar guide prices are liable to currency fluctuations
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