County Durham
- 2 Bed Semi Detached
- Purchase Price £76,000
- Refurb Cost £28,000
- Post Work Value £130,000
- Market Rent £695.00 Per Month
Tyneside
£100,000
About Property
2 x 2 Bedroom Flats on the Same Freehold
Market Value: £130,000
Rent: £750 per Month
Mortgage @ 75% Loan to Value: £75,000
Rental Profit After 10% Management: £362.50 per month
24% Below Market Value
Purchase Price: £100,000
Works £1000
Mortgage Interest @ 5%: £312.50
Great Passive Income and £30,000 Equity from Day 1
Contact about this property
More properties
Northumberland
- 2 x 1 Bed Flats
- Purchase Price £105.00
- Freehold Included
- Market Rent £900.00 (Both)
- Equity £65,000
5 Bed Cumbria
- 5 Bed Semi Detached Over 3 Storeys.
- Potential to go up another level into the loft space Subject to Planning.
- Purchase Price: £165,000
- Refurb: £15,000
- Post Works Value: £230,000
