- 3 Bedroom End-Terrace House
- EPC C
- Popular location for Investors
- 12% capital growth last 3 years.
- Close proximity to Stockton on Tees’s £40m city center and waterfront development
- Nearest Hospital – 4 mins drive
- Thornaby Train Station – 5 mins drive
- 7 schools rated (Good to Outstanding) – Less than a mile away
- Agreed Purchase Price: £62,000
- Rental estimate: £650 pcm (conservative), subject to finish £695-750 pcm
- Refurb Estimate: £5,685 (Quoted)
- Estimated end value upto: £85,000-£90,000
- Yield: 11.5%
- BTL Return on Investment (100% Cash): 9.29%
- BTL Return on Investment (Mortgage): 15.47%
- BRR Return on Investment: 30-43%, Potentially Leave Only £8,000-12,000
Buyers fee applicable