This property was sourced for a client off-market through one of our long-term estate agent relationships. We agreed the purchase at £60,000 with the promise of a quick sale. Situated in the heart of Norton, just behind the high street, it’s in a highly sought-after area. With strong demand, we knew there were two potential exits: a standard buy-to-let, or as serviced accommodation.
3 Bed BTL
Norton
Property Breakdown
Property Information
Refurbishment
The property required a full back-to-brick refurbishment. It was extremely run down with significant damp issues. We fully stripped it back, damp proofed, and installed brand new electrics, plumbing, and heating. The total refurbishment cost was £25,000.
Result
The client opted for a buy-to-let to scale their portfolio. The property revalued at £120,000 and now generates over £350 per month in net profit. We provided a complete hands-off service: sourcing, refurbishing, and letting.
Financial Breakdown
£60000
Purchase Price
£25000
Refurbishment
£5000
Additional Fees
£60000
Total Cash Investment
£120000
GDV (End Value)
£9000
Rent PA
£4200
Cashflow PA
£0.00
Money Left in Deal
∞
Return On Investment
Project Portfolio
Take a look at some of our other completed projects.
