Sherbrooke Road - 2019

Nottingham, NG5

  • 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

Exit Strategy: Rental

Time on Market: 2 Weeks

Investment Summary

1/5

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

  • Facebook Social Icon
  • LinkedIn Social Icon
  • Twitter Social Icon
  • Google+ Social Icon
  • Instagram Social Icon

03301331162