A fully refurbished well modernised high-quality 452 sq ft two bedrooms Top-floor maisonette in a prime location in Dartford Kent
These costs include the purchase price, stamp duty, refurbishment costs and relevant adjustments, including the property market value after refurbishment.The property underwent a refurbishment lasting 5 weeks. The main highlight of the refurbishment was the installation of a new modern kitchen, bathroom, fitting of new carpet and full decoration throughout.
◾ Purchase price: £157,500
◾ Cost of Purchase + Refurb: £12,500
◾ Market Value after Refurb: £190,000
◾ Monthly Rental : £850
◾ Monthly Cash Flow : £630
◾ Scheme Incentive: £0
◾ Strategy: Passive Income – (Social Hosing)
◾ Return on Investment (ROI): 27%