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2014 - Reading, Berkshire
2 Bedroom Semi-Detatched house, Kitchen & Bathroom.
We replaced the window looking onto the garden with French doors to access the garden.
Replacement units, worktops and appliances.
The French doors and decking made a better use of space.
Before
Before
Somewhere to relax.
The shower cubicle was replaced for a shower bath.
Before - Dated with only a tired shower cubicle.
Cleared and turf laid to level.
Before
Before
Project Details
Purchase Method: Open Market
Purchase Price: £160,000
Sale Price: £234,995
Garage Unit: +c£5,000
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ROI: 23%
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After to agreeing a purchase price in August 2013, the vendor then accepted a higher price from somebody else. I was approached again in December 2013 to see if my offer still stood. I agreed and purchased the probate property.
Apart from adding French doors to the back of the living room, the rest of the house simply needed a refurbishment to a good standard. Every room was upgraded and the garden was tidied with a new lawn laid.
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A buyer was secured in the first weekend of viewings.
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In addition, we have retained a separate garage unit that is rented out at £50 pcm with a value of c£5,000.
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Note:
Further financial information on all of our previous developments is available to investors upon receipt of a signed NDA.