Property Details

• Purchase price: £32,000

• Refurb: £13,000

• Refinance value: £70,000

• Cash in: £23,000

• Cash-out: £30,500

• Deposit grown by £7,000!

This property was purchased at auction and had a full refurbishment ready for the rental market. It is currently being let for £450pcm, making a yield of over 12%.