A Victorian 6 bedrooms detached town house converted into 4 units. Comprises of two, two-bedroom maisonettes with further two, one-bedroom flats in a prime location close to town centre with many amenities in Lincolnshire
These costs include the purchase price, stamp duty, refurbishment costs and relevant adjustments, including the property market value after refurbishment.
◾Purchase price: £162,000
◾Cost of Purchase + Refurb: £150,000
◾Market Value after Refurb: £320,000
◾Monthly Rent: £3,250
◾ Monthly Cash Flow: £2,250
◾Strategy: Passive Income (Mixed Use)
◾ Return on Investment (ROI): 37.5%
