Pademoor Cottage - 2020

Eastoft, DN17

  • Purchase price: £87,500

  • House type:Detached Cottage

  • Bedrooms: 3 Bedrooms to 4 Bedrooms

  • Refurbishment cost including fees: £150,000

  • Total cost: £235,510

  • Re-valuation: £325,000

  • Rental: £1,000 PCM

  • ROI: 37.39%

  • Yield: 5.11%

  • Equity creation: £89,317

  • Refurbishment work involved: New home extension to 159 m2 from 76m2, New kitchen, added 1 bedroom, add 1 ensuite, new septic tank installation, full rewire

  • Objective: To create a large family home

Exit Strategy: Sale

Time on Market: tbc

Investment Summary

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Screenshot 2020-06-23 at 20.39.24.png