F06- George Street, Cleckheaton

Currently Let: £525/pcm

George St, Cleckheaton BD19, UK

Property Information:

Refurbished including turning the property into a 2 bed (formerly 1 bed) by splitting the main bedroom with a stud wall and moving the bathroom in there, new kitchen, bathroom, plastering, decoration, carpets

Purchase price (cash): £58000
Refurb spend: £9400
Fees: £3400
Total spend: £70800
End value £80000

Money back from remortgage = £60000
Money left in deal: £10800

Monthly Rent : £525
Monthly costs (mortgage, management, insurance) £215
Monthly cash flow: £310

Return on investment: 34.4%

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