Cooperative Avenue - 2019

Hucknall, NG15

Investment Summary

  • Purchase price: £141,000

  • House type: Terraced (Article 4 HMO)

  • Bedrooms: 4 (Converted to 5 Bedroom)

  • Refurbishment cost including fees: £43,695 

  • Furniture: £7,000

  • Total cost: £191,695

  • Revaluation: £390,000

  • Rental: £2,560 PCM

  • ROI: 50.85%

  • Yield: 16.03%

  • Equity creation: £198,305

  • Time: 20 Weeks

  • Refurbishment work involved: New bedroom created, New windows & doors, new plastering, new stud wall, new kitchen, x2 ensuites created, brand new radiators, electrical re-wire.

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

Exit Strategy: Rental

Time on Market: tbc

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Bedroom 1

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Bedroom 3

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