The rollercoaster! This deal was bought at auction, planning submitted to convert into a 9 bed HMO. This was refused (check out our blogs to find out more) Plan B activated; we renovated the substandard flats into high end luxury serviced accommodation apartments. This was a full back to brick refurb. 

Purchase Price: £305,000

Refurb and finance costs: £204,000

Projected Gross Development Value: £500,000

Gross rent: £117,360