Location: Runcorn, Cheshire
Property Type: Terraced House (2 Bed)
Purchase Price: £95,000
Rental Income: £625pcm (predicted)
Strategy: Refurb/Renovation, Flip/Let
Just 15 miles from Liverpool this terraced house in Runcorn near Warrington is in need of some love and tlc and with a bit of work can fetch a price worth £115,000 with rents in the area fetching £625pcm.
Tired on the inside this property does need a makeover but offers an exciting refurb project where you can flip on completion for profit or let out long term and enjoy long term capital appreciation.
With a virtual freehold the property consists of a dining room and lounge with kitchen downstairs. Two upstairs bedrooms and a bathroom with yard to the rear.
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
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