This farm house property had renovations throughout to provide an open plan look and has been given a small extension.
Facts and Stats
Deposit
£92,500
Purchase Price
£370,000
Renovation & Legal Costs
£80,000
Revaluation Price
£570,000
Profit
£120,000
Deposit on New Value (25%)
£142,500
Released Funds
£150,000
Amount Left in Project
£22,500
Annual Net Profit
£27,600
Yield
7.3%
Return on Investment
122%
