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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.

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