The surprise one! This small terrace house was bought with a tenant in situ a few years ago. The tenant recently moved out and we were able to do a light refurbishment, increasing our monthly rent from £450 to £700. During this time our amazing management agent sourced a tenant who was seeking universal credit. This allowed us to apply on their behalf  for a free full energy upgrade for the property. The property was initially on an electric heating system and has now got full gas central heating- at no extra cost to us. 

Purchase Price: £85,000

Refurb and finance costs: £6,000

GDV: £100,000

Gross rent: £8,400