GOODWOOD - 2017
Arnold, Nottingham, NG5
-
Purchase price: £73,000
-
House type: Semi Detached
-
Bedrooms: 3
-
Refurbishment cost including fees: £86,006
-
Total cost: £162,990
-
Revaluation: £185,000
-
Rental: £750 PCM
-
ROI: 13.50%
-
Yield: 5.66%
-
Equity creation: £22,009
-
Time: 28 Weeks
-
Exit Strategy: Sale
-
Refurbishment work involved: Complete new build property once existing building demolished, new foundations, brick and blockwork, lintels , damp proof course, stud walls, thermal & sound insulation, new plaster boarding, new kitchen and bathroom, new staircase, new central heating system, new electrical wiring.
-
Objective: To create a new build that can be sold on the open market with a great return on Investment.
Exit Strategy: Sold
Time on Market: 4 Weeks
Investment Summary


Entrance Hallway


Ceiling thermal insulation to improve sound and energy rating between walls - Living room

Kitchen



