• Purchase price: £87,000

• House type: Detached Cottage

• Bedrooms: 3

• Refurbishment cost including fees: £72,831

• Total cost: £159,831

• Revaluation: £220,000

• Rental: £800 PCM

• ROI: 37.65%

• Yield: 6.01%

• Equity creation: £60,169

• Time: 36 Weeks

• Refurbishment work involved: New lintels installed, new windows & doors, new strapping of brick, stabilise house, rebuild external chimney, new render, new plastering, 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: Sale

Time on Market: tbc

Investment Summary