HERON RIDGE - 2018

Nottingham, NG5

  • Purchase price: £103,000

  • House type: Semi Detached

  • Bedrooms: 3

  • Refurbishment cost including fees: £36,436

  • Total cost: £139,437

  • Revaluation: £165,000

  • Rental: £625 PCM

  • ROI: 18.33%

  • Yield: 5.55%

  • Equity creation: £25,563

  • Time: 14 Weeks

  • Refurbishment work involved: New lintels installed externally, reinstate external garage with new joist and flat roof system, new garage doors, complete new uPvc windows, new stud wall, loft insulation, new plaster boarding, new kitchen and bathroom, upgrade to central heating system, electrical re-wire.

  • Objective: To create a property ideal for the rental market long term.

Exit Strategy: Rental

Time on Market: 1 Week

Investment Summary

1/7

"The BI portal ensured we were both always updated even during busy times at work. When we met we could then review the latest updates and discuss ourselves before getting back to our consultant. We continue to work with Brighter Investments and are looking for other investment opportunities."

Jasraj Sandhu & Satpaul Aujla - Kent

© 2017-2020 Brighter Investments LTD. Registered in England & Wales Company Number 10605198

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