Before

Excellent opportunity to purchase well below market mid terrace right off the high street of the historic Town of Chester le Street, most buyers were put off due to the renovations required, but we could see past the works and vision to renovate to high standard within budget.

Due to location, we knew this property would easily let £475+ per calendar month, producing moderate return, however, the end value re sale in the region of £90-£95k was more achievable to first time buyers.

Property renovation at chester le street

 

 

 

Property renovation at Chester le Street

 

 

 

After

Investors Purchase, Renovation, Fees

£75,000.

Rental Income

  • £5,700 producing 7% return
  • Option to re-sell to first time buyer
  • £90,000 – 20% return on capital, turnaround within six months!!

Client on this property proceeded with re-sale and already reserved further two properties.

Property Renovation at Chester le Street

 

Property Renovation at Chester le Street

 

 

Property Renovation at Chester le Street

 

Property Renovation at Chester le Street

 

 

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