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
Block of Flats Rent to Rent
£0
About Property
Block Of Flats.
Refurb: £25,000 (Vendor paying 50%)
Stockton Town Centre.
Monthly Income: £10,463 (Based on 80% Occupancy).
Free Port Only 1 Mile Away.
Huge Investment and lots of New Construction Happening.
Totally Managed Hands off Service.
1 x 6 Bed 2 x 4 bed and 1 x 3 Bed.
50% off Rent to landlord for first 6 months. (To cover 50% of refurb).
Total Investment Needed: £40,000 Inc Furniture and all fees.
Net Income approx: £1,880 Net Income Per Month. (Based on 80% Occupancy).
Town Centre Going under total transformation.
Parking to rear for 6 Cars.
Contact about this property
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- 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
