Gladstone Road, Eccles, Manchester M30
3 bed end terrace, converted into a 4 bed family home, full refurbishment, new bathroom, major kitchen uplift, opening up to create spacious through lounge, full redecoration and new carpets throughout
- Purchase price £130,000
- Refurbishment cost £29,200
- Gross development value £185,000
- Rental income pcm £1,195
- Gross yield 9.0%
- Return on capital employed 33.3%
Matlock Street, Eccles, Manchester M30
2 bed terrace, full refurbishment, new bathroom, major kitchen uplift, full redecoration and new carpets throughout
- Purchase price £105,000
- Refurbishment cost £9,500
- Gross development value £137,500
- Rental income pcm £650
- Gross yield 6.8%
- Return on capital employed 23.0%
Lydford Street, Salford, Manchester, M6
2 bed terrace, full refurbishment, new bathroom, new kitchen, full redecoration and new carpets throughout
- Purchase price £96,850
- Refurbishment cost £13,300
- Gross development value £130,000
- Rental income pcm £550
- Gross yield 6.0%
- Return on capital employed 17.5%
Gibbon Road, Kingston-upon-Thames, Surrey, KT2
2 bed semi-detached, converted into luxury 4 bed, 2 bathroom family home with loft conversion, additional ensuite bathroom, new kitchen, new bathroom, full redecoration and new carpets throughout
- Purchase price £515,000
- Refurbishment cost £88,491
- Gross development value £925,000
- Rental income pcm £2,100
- Gross yield 4.2%
- Return on capital employed 10.0%