Project Alvanley.
The easy one! This deal was sourced to us, renovated by our legendary builder and now let out by a brilliant and creative letting agent. We have turned a big terraced house into a high-end professional HMO with a mixture of en-suite, and studio rooms through an extensive refurb. It has been hassle free, quick and profitable.
Purchase Price: £167,500
Refurb and finance costs: £165,000
Gross Development Value: £310,000
Gross rent: £37,800