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16 Edgerton Road, Lowestoft
Complete property refurb, converted into 2 x Serviced Accommodation Apartments
Overview
This was a complete refurbishment project on a 2-bedroom 1930’s bungalow. It was unloved, uncared for and it hadn’t been touched for years.
There was no running hot water, central heating or even a kitchen, It was in a very poor and rundown condition and both the front and back gardens were like a jungle, overgrown with weeds and bushes.
As professional property mentors we know how to assess each property opportunity to understand the investment needed to get it up to scratch, and maximise the return on the other end.
Transformation
Using our expert team, we transformed this dark, out-dated and uninhabitable dwelling into a bright and airy family home with a modern, spacious kitchen and shower room.
Deal Breakdown
Purchase Price:
Purchase Fees:
Refurb Costs:
Revaluation Price:
£ 82,000
£ 5,100
£ 45,000
£ 160,000
Monthly Revenue/Return:
£725pcm
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