• 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