Case Study: Prince Albert

This residential property has been converted into a 7 bedroom all ensuite HMO.

Facts and Stats

Deposit

£56,250

Purchase Price

£225,000

Renovation & Legal Costs

£169,000

Revaluation Price

£487,500

Profit

£93,500

Deposit on New Value (25%)

£121,875

Released Funds

£149,750

Amount Left in Project

£28,375

Annual Net Profit

£18,000

Yield

8.6%

Return on Investment

63%

Let's start generating passive income