A 2 bed mid-terrace property located close to Royal Stoke University Hospital. At the time of purchase in 2017, the property was in very dated condition and required a complete refurbishment. The project is now complete and the house is turned in to a 3 Bed high end professional HMO. All rooms were tenanted within a week of marketing.
We are currently looking for properties and development projects in Midlands and London, so please get in touch. Sourcing fees paid
3 Bed HMO, Stoke-on-Trent
- Purchase Price: £57,000
- Refurbishment Cost: £25,000
- Market Valuation: £125,000
- Gross Annual Income: £13,200
3 Bed HMO, Stoke-on-Trent
A 2 bed mid-terrace property located close to Royal Stoke University Hospital. At the time of purchase in 2017, the property was in very dated condition and required a complete refurbishment. The project is now complete and the house is turned in to a 3 Bed high end professional HMO. All rooms were tenanted within a week of marketing.
- Purchase Price: £57,000
- Refurbishment Cost: £25,000
- Market Valuation: £125,000
- Gross Annual Income: £13,200
3 Bed Single Let, Stoke-on-Trent
A 3 bed mid-terrace property located close to local amenities and transport links. This property was bought through modern method of auction in 2016 and was in very bad state of repair. The property has been completely refurbished providing a comfortable living accommodation to a young family.
- Purchase Price: £35,000
- Auction Fees: £6,000
- Refurbishment Cost: £24,000
- Market Valuation: £85,000
- Gross Annual Income: £6,300
3 Bed Single Let, Stoke-on-Trent
A 3 bed mid-terrace property located close to local amenities and transport links. This property was bought through modern method of auction in 2016 and was in very bad state of repair. The property has been completely refurbished providing a comfortable living accommodation to a young family.
- Purchase Price: £35,000
- Auction Fees: £6,000
- Refurbishment Cost: £24,000
- Market Valuation: £85,000
- Gross Annual Income: £6,300
3 Bed Single Let, Nottingham
A 3 bed semi-detached property in excellent location close to Nottingham City Hospital, local amenities and transport links. The property was bought direct from vendor, a local landlord who approached us to sell this property. The property was already tenanted at the time of purchase and required no refurbishment, cash-flowing from day 1. We purchased this property through bridge finance and re-finance on a term mortgage within 6 months.
- Purchase Price: £95,000
- Refurbishment Cost: £0
- Market Valuation: £135,000
- Gross Annual Income: £7,800
3 Bed Single Let, Nottingham
A 3 bed semi-detached property in excellent location close to Nottingham City Hospital, local amenities and transport links. The property was bought direct from vendor, a local landlord who approached us to sell this property. The property was already tenanted at the time of purchase and required no refurbishment, cash-flowing from day 1. We purchased this property through bridge finance and re-finance on a term mortgage within 6 months.
- Purchase Price: £95,000
- Refurbishment Cost: £0
- Market Valuation: £135,000
- Gross Annual Income: £7,800
2 Bed Single Let, Stoke-on-Trent
A 2 bed mid-terrace property in a great location close to good schools, amenities and transport links. The property was in decent condition although required minor refurbishment to get it to a good standard. As the property is in good location, it has been let out since day 1. The property was purchased with bridge financing and re-mortgaged there-after with the same lender.
- Purchase Price: £75,000
- Refurbishment Cost: £7,000
- Market Valuation: £80,000
- Gross Annual Income: £6,600
2 Bed Single Let, Stoke-on-Trent
A 2 bed mid-terrace property in a great location close to good schools, amenities and transport links. The property was in decent condition although required minor refurbishment to get it to a good standard. As the property is in good location, it has been let out since day 1. The property was purchased with bridge financing and re-mortgaged there-after with the same lender.
- Purchase Price: £75,000
- Refurbishment Cost: £7,000
- Market Valuation: £80,000
- Gross Annual Income: £6,600
3 Bed Single Let, Stoke-on-Trent
A 3 bed mid-terrace property in a fantastic location close to good schools, amenities and transport links. This was a probate sale bought through a local estate agent. After complete refurbishment the property has been let out to a young family since the completion of the project in 2015.
- Purchase Price: £70,000
- Refurbishment Cost: £8,000
- Market Valuation: £100,000
- Gross Annual Income: £6,900
3 Bed Single Let, Stoke-on-Trent (Client Project)
A 2 bed mid-terrace property in very bad state of repair and in a great location. We converted this 2 bed in to a 3 bed warm and comfortable living home for a family. The property was bought from a local agent for one of our clients. We sourced the property and project managed the refurbishment. The property was let out as soon as the refurbishment was complete.
- Purchase Price: £55,000
- Refurbishment Cost: £26,000
- Market Valuation: £100,000
- Gross Annual Income: £7,740
3 Bed Single Let, Stoke-on-Trent
A 3 bed mid-terrace property in a fantastic location close to good schools, amenities and transport links. This was a probate sale bought through a local estate agent. After complete refurbishment the property has been let out to a young family since the completion of the project in 2015.
- Purchase Price: £70,000
- Refurbishment Cost: £8,000
- Market Valuation: £100,000
- Gross Annual Income: £6,900
3 Bed Single Let, Stoke-on-Trent (Client Project)
A 2 bed mid-terrace property in very bad state of repair and in a great location. We converted this 2 bed in to a 3 bed warm and comfortable living home for a family. The property was bought from a local agent for one of our clients. We sourced the property and project managed the refurbishment. The property was let out as soon as the refurbishment was complete.
- Purchase Price: £55,000
- Refurbishment Cost: £26,000
- Market Valuation: £100,000
- Gross Annual Income: £7,740