• Purchase price: £141,000

• House type: Terraced (Article 4 HMO)

• Bedrooms: 4 (Converted to 5 Bedroom)

• Refurbishment cost including fees: £51,311 

• Including Furniture: £59,263

• Furniture: £7,952

• Total cost: £204,819

• Revaluation: £270,000

• Rental: £2,555 PCM

• ROI: 31.82%

• Yield: 15.00%

• Equity creation: £65,180

• Time: 20 Weeks

• Refurbishment work involved: New bedroom created, New windows & doors, new plastering, new stud wall, new kitchen, x2 ensuites created, brand new radiators, electrical re-wire.

• Objective: To create a property ideal for the single occupancy to a high standard

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Exit Strategy: Rental

Time on Market: 2 Weeks