• Purchase price: £148,000

• House type: Bungalow

• Bedrooms: 4

• Refurbishment cost including fees: £65,330

• Total cost: £213,330

• Revaluation: £280,000

• Rental: £1,100 PCM

• ROI: 27.08%

• Yield: 4.22%

• Equity creation: £61,669

• Time: Unsold so added to rental after 12 weeks

• Refurbishment work involved: New lintels installed externally, new stud wall, new plaster boarding, new kitchen and bathroom, brand new central heating system, electrical re-wire.

• Objective: TBC

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Exit Strategy: Rental

Time on Market:12 weeks sale unsold, 1 week rental