This residential property has been renovated throughout, given a large extension and made open plan.
Facts and Stats
Deposit
£116,875
Purchase Price
£467,500
Renovation & Legal Costs
£150,000
Revaluation Price
£700,000
Profit
£82,500
Deposit on New Value (25%)
£175,000
Released Funds
£174,375
Amount Left in Project
£92,500
Annual Net Profit
£27,600
