31/12/2021
Happy New Year Everyone 🎉 After 3 months of HARD GRAFT, I am extremely pleased to have our latest project on the market. As you will see from my previous posts, this one needed a lot of love but I am incredibly pleased with the end result. Our objective was to fully refurbish the property and turn it back into the beautiful family home that it once was, split the title and gain planning permission for an identical 3 bed detached house to be built on the plot of land adjacent.
Purchase Price: £160,000
Refurbishment Costs: £28,000
Legals: £7,500
Total: £195,500
Sale of House: £220 - £230,000
Sale of Lane: £70 - £80,000
Profit - £94,500 - £114,500
Next project, starting in January 😬
I am always looking for JV partners to work with, so feel free to send me over a DM if you would like to get involved ✌🏼