A fully refurbished well modernised high-quality 807 sq ft 3 bedrooms Semi-detached house in a prime location close to town centre in Lincolnshire
These costs include the purchase price, stamp duty, refurbishment costs and relevant adjustments, including the property market value after refurbishment. Orchard underwent a full refurbishment project lasting 2 months. The highlights of the refurbishment include a new modern kitchen, bathroom, Installation of insulation wall to the external walls, installation of DPC. Installation of insulation wall to the external walls improved the EPC of the property from energy rating F to C.
◾ Purchase price: £86,000
◾ Cost of Purchase + Refurb: £23,100
◾ Market Value after Refurb: £130,000
◾ Monthly Rental: £750
◾ Monthly Cash Flow: £500
◾ Strategy: Passive Income
◾ Return on Investment (ROI): 44%
