14/03/2023
✨Great London property deal ✨
**1 bed into 2 bed flat conversion**
Deal analysis 🧐
Purchase price £260,000
Refurb £20000
Finance costs, Stamp and legals £26000
Total costs 306000
Money left in after refinancing £28000
Monthly rent £2000
Revaluation post refurb £370000
Gross yield 6.5%
ROCE 27%
Potential to use this property as serviced accommodation to double ROCE and yield.
DM me for more details 🤙