Radford Boulevard (RB1) - 2020

Nottingham, NG7

  • Purchase price: £200,000

  • House type: Terrace house

  • Bedrooms: 5 Adding 1 more to make 6 

  • Refurbishment cost including fees: £96,128

  • Total cost: £309,251

  • Re-valuation: £400,000

  • Rental: £2,756 PCM

  • ROI: 29.34%

  • Yield: 10.69%

  • Equity creation: £90,748

  • Refurbishment work involved: New kitchen/diner/communal extension, diner, new bedroom by removing living room, x3 ensuites, bathroom & upgrade fire alarm panel and emergency lighting.

  • Objective: To create a property ideal for the multiple occupancy students to a high standard

Exit Strategy: Multiple Occupancy Rental

Time on Market: 0 weeks (let to Student group before completed)

Investment Summary

Bedroom 3
Bedroom 3
press to zoom
Bedroom 6
Bedroom 6
press to zoom
Bedroom 4
Bedroom 4
press to zoom
Kitchen
Kitchen

Prior to extension under PD

press to zoom
Bedroom 5
Bedroom 5
press to zoom
Bedroom 2
Bedroom 2
press to zoom
Downstair WC
Downstair WC

Prior to extension being built

press to zoom
Kitchen
Kitchen

Leading to WC prior to extension

press to zoom
Bedroom 2
Bedroom 2
press to zoom
1/6
Screenshot 2020-04-28 at 12.18.26.png

Radford Boulevard

Radford Boulevard

Radford Boulevard
Search video...
x2 Article 4 HMO's

x2 Article 4 HMO's

00:28
Play Video
230 RB - 6 Bed HMO Extension

230 RB - 6 Bed HMO Extension

01:34
Play Video
6 Bed HMO - Radford Boulevard

6 Bed HMO - Radford Boulevard

00:25
Play Video

DECLINED PLANNING APP

(For the larger kitchen)