Pair of Flats Lemington Newcastle upon Tyne
2 x 2 Bed Flats.
Purchase Price for Pair: £81,200.
1 Flat already has long term tenant in.
Buy, Renovate and Refinance.
Post Works Value: £120,000.
Net Income Per Month: £334,44 Over £4,000 Per Year
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Ground Floor is Refurbished but needs carpets.
Top floor needs refurbishing.
Total Refurb: £15,000 for Pair.
Rent: £700 Per Month.
5 Miles from Newcastle City Centre.