Purchase Method:               Auction

Purchase Price:                  £50,000

Sale Price:                           £92,000

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         ROI:  57% 

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Purchased at auction in April 2013. This was a 1 bedroom retirement flat.  Only a minor cosmetic upgrade was necessary before increasing the sale value.

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This included redecorating and tiling the bathroom.  We also replaced the electric heaters, light fittings and added some window blinds.

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A purchaser was secured within 2 weeks after getting the keys, from someone that should have attended the auction.  The work was completed in 5 weeks.

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Note:

Further financial information on all of our previous developments is available to investors upon receipt of a signed NDA. 

 

Contact us for more information.