Case Study 3, – Modern 3 bed semi detached.
Case Study 3

description

This property was purchased as a repossession and as the property was only built in 2008 it did not require any works apart from electrical and heating certification. Let within 2 weeks of advertising. A good example of a zero refurbishment property.

  • Semi detached 3 bedroom property purchased in 2013
  • Purchase Price £73,000
  • Legals £1000 Refurbishment cost £0
  • EMV £90,000
  • Estimated profit £16,000
  • Typical Rental Income £475pcm
  • Rental demand in area – High.

More projects