Heathedene Drive is situated within walking distance of Belvedere train station which is just one stop away from Abbey Wood, the home of South East London’s premier Cross rail network station.
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 3 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: £150,000
◾ Cost of Purchase + Refurb: £65,230
◾ Market Value after Refurb: £230,000
◾ Monthly Rental : £992
◾ Monthly Cash Flow : £650
◾ Scheme Incentive: £5,000
◾ Strategy: Passive Income – (Social Housing)
◾ Return on Investment (ROI): 21%
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