Merebank

About This Project

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The property is semi detached and comprises in brief: entrance porch, lounge, good sized kitchen/diner, three bedrooms and a bathroom with separate WC. There is a small garden to front and an enclosed courtyard style well presented rear garden.
It has been let for 4 years without voids and is scheduled to be turned into a 5 bed HMO in 2016.

 

Purchase Price

£95,000

Renovation Costs

£2,000

RICS Valuation After Work

£125,000

Current Value

£190,000

Current Monthly Rental

£2,025

Category
Buy To Let, renovation