Property

* Representative Example

Type: 3 Bed mid-terraced house
Tenure: Freehold
Ownership: 100% - Outright (Cash Purchase)

Location: North-East of England, UK

Numbers:
Total investment = £102,200
Breakdown:
Purchase Price = £90000
Stamp duty = £2,700 @3% of PP
Refurb = £5000 (approx)
Sourcing fee = £3500
Legal = £1000 (approx)

Rent per month = £650 (gross)

ROI = 7% (Approx)

Key Features:
* 3 x bedrooms * 1 x bathroom *2 storey mid terrace house
* Medium sized rear garden * Storage shed in the garden
* Close (walking distance) to shops and local transport
* Property located within one of the rental hubs of the town
* Free off-street parking * Energy efficient