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MACAULAY - 2019

Newark, NG24

  • Purchase price: £115,500

  • House type: Bungalow

  • Bedrooms: 2

  • Refurbishment cost including fees: £33,319

  • Total cost: £148,820

  • Revaluation: £180,000

  • Rental: £750 PCM

  • ROI: 20.95%

  • Yield: 6.05%

  • Equity creation: £31,180

  • Time: 16 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: To create a property ideal for the rental market long term.

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Exit Strategy: Rental

Time on Market: 4 Weeks

Investment Summary

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Bathroom

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" I had a great experience working with Brighter Investments on a fixed income return opportunity. Their team provided regular project updates, and everything unfolded according to the plan. Their team is very knowledgeable about property investment options and related structuring, and seeks to offer opportunities suitable to various investor profiles. I would highly recommend working with Brighter Investments on your property investment projects "

Sharon T - London

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