Mancroft Avenue

About This Project

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The property was acquired on a 10 year exchange with delayed completion basis.  It is located in Lawrence western which is a popular for people working in the dockland areas of the city.   It required refurbishment throughout, new wiring, new kitchen and bathroom , painting and decorating etc.
It is now rented as a 5 bed HMO.

Contract Fee

£1

Purchase Price

£95,000

Renovation Costs

£7,000

RICS Valuation After Works

£130,000

Current Value

£180,000

Current Monthly Rental

£2,025

Category
Buy To Let, renovation