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Work required: Property bought for £55,000. Refurbishment £12,500. Property was in very poor condition, needed re-plastering, electrics updated. New kitchen, new bathroom, re-decoration through out, new gas central heating system, new flooring, gardens landscaped. New back door, new gate at the back. Tenant found straight away for £450PCM. End value in region of £60,000. Our client had £30,000 to invest in a property – High Street Bank return of 2% = £600 per annum Property sourced
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Work required: Property bought for £55,000. Refurbishment £12,500. Property was in very poor condition, needed re-plastering, electrics updated. New kitchen, new bathroom, re-decoration through out, new gas central heating system, new flooring, gardens landscaped. New back door, new gate at the back. Tenant found straight away for £450PCM. End value in region of £60,000. Our client had £30,000 to invest in a property – High Street Bank return of 2% = £600 per annum Property sourced
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