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Wragby - 2019

Bardney, LN3

  • 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

"My experience with Brighter Investments has been one where I feel I was well advised and informed about investment opportunities, benefits and potential risk based on educated experience.

I received updates along the way and the newsletter was helpful in that other upcoming investments were presented in addition a portal is available to access and watch the progress being made on my investment.

 

I would recommend and work with Brighter Investments again."

Leonie Forrester - California

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