Eldon
Court,NW6
Turning this 1-bed into a 2-bed, 2-bath increased the property value by £172k.
The refurb cost £65k, allowing £95k profit. The property's rent more than doubled from £1250/month to £2650/month.
Purchase: £378k
Purchasing Costs: £12k
Refurb: £65k
Total Costs: £455k
Time scale: 5 months
Exit Strategy: Refinance
GDV: £550k
Capital Growth: £172k
Profit: £95k
Rent(annual): £30k
1-bed flat into 2-bed, 2-bath
Pre-refurb
Post-refurb
