Case Study: Browning

This residential property has been converted into a three-storey 6 bedroom HMO.
The Browning HMO after renovation by Woodworx Property.

Facts and Stats

Deposit
£55,000
Purchase Price
£220,000
Renovation & Legal Costs
£168,000
Revaluation Price
£460,000
Profit
£72,000
Deposit on New Value (25%)
£115,000
Released Funds
£295,000
Amount Left in Project
£43,000
Annual Net Profit
£26,000

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