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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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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