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NORMAN - 2016
Hucknall, NG15
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Purchase price: £76,250
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House type: Semi Detached
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Bedrooms: 3
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Refurbishment cost including fees: £16,000
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Total cost: £92,250
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Revaluation: £115,000
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Rental: £575 PCM
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ROI: 24.66%
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Yield: 7.93%
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Equity creation: £22,750
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Time: 13 Weeks
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Exit Strategy: Rental
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Refurbishment work involved: Damp proofing, kitchen, bathroom, windows, doors, re-plastering & gas system.
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Objective: To create a modern finished property ideal to be sold for first time buyers.
Exit Strategy: Sold
Time on Market: 9 Weeks

Week 13
Garden

Week 13
Garden

Week 2
WC

Week 13
Garden

Week 4
Kitchen 1st Fix

Week 7
Bathroom

Week 1
Bedroom 1

Week 8
Living Room

Week 13
WC
1/5
Investment Summary
"This is my Investment firm and I will continue to invest year after year"
Michael Pennant - Nottingham
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