Hartlepool
- 3 Bed Mid Terrace
- Purchase Price £80,000
- Light Refurb £7,000
- Buy Renovate and Refinance
- Tenant In Situ
June 1, 2023
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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
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