A fully refurbished well modernised high-quality 775 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. The highlights of the refurbishment include a new modern kitchen, modern bathroom, Installation of insulation wall to the external walls, installation of DPC, Partial rewire, new central heating, new guttering, decoration and modernisation throughout.
◾ Purchase price: £78,000
◾ Cost of Purchase + Refurb Cost: £38,500
◾ Market Value after Refurb: £125,000
◾ Monthly Rental: £750
◾ Monthly Cash Flow: £550
◾ Strategy: Passive Income
◾ Return on Investment (ROI): 29%
