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
Hartlepool
£46,000
About Property
2 bedroom semi detached
Post works value: £70,000
Cosmetic refurbishment external works, decorating, carpets, bathroom. Cost: £7,000
Mortgage based on 75% of £46,000 = £34,500
Rent profit after management of 10% per month £261.75
Front and rear Gardens
Purchase price: £46,000
Rent per month: £450
Deposit needed: £11,500
Return on investment if refinance 89% per annum.
Contact about this property
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