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Wragby - 2019
Bardney, LN3
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Purchase price: £87,000
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House type: Detached Cottage
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Bedrooms: 3
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Refurbishment cost including fees: £72,831
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Total cost: £159,831
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Revaluation: £220,000
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Rental: £800 PCM
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ROI: 37.65%
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Yield: 6.01%
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Equity creation: £60,169
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Time: 36 Weeks
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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.
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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
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1/8
"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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