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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.

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Exit Strategy: Sold

Time on Market: 4 Weeks

Investment Summary

"They consistently carried out my instructions and went over and beyond what was expected of them; right from the first meeting until the sale of the property. And more importantly, they accounted for all expenses incurred on the project."

Michael Pennant - Nottingham 

Watch the end of project review here

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