| Property: |
1 bedroom Leasehold flat |
| Requirements: |
Floor plan reconfiguration,re-decoration, flooring |
| Services used: |
Property Development Management, Construction and Interior remodelling and Design, Lettings Management |
| Purchase Price: |
£95000 |
| Project cost: |
£6000 |
| Total Investment: |
£101000 |
| Strategy: |
Refurbish flat, create second bedroom and let to professionals within 4 weeks. Target yield of 8% p.a. gross |
| Result: |
Flat refurbed, 2nd bedroom created and let to professionals in 4 weeks. |
| Return: |
13.9% p.a. gross yield |
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