Portfolio Details

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London Road South property project Shreeve property old living area
London Road South property project Shreeve property old living area
London Road South property project Shreeve property new kitchen worktops
London Road South property project Shreeve property new kitcheb
London Road South property project Shreeve property new kitchen sink
London Road South property project Shreeve property new bathroom

  

Project information

Bought for: £119,780
Fees: £5,385
Refurb: £15,895
Revalued on 01/02/2018 @ £180,000-00 Profit: £18,983

 

482 London Road South, Lowestoft (Flats 1 &2)

Free hold terraced building bought consisting of 2 flats – Flat 1 a single bed downstairs flat with access to rear garden & Flat 2 a 2 bedroom flat on the 1st floor. Both flats had a full renovation with new electrics, heating systems, bathrooms, kitchens and decorated throughout.

The property was refinanced at 80% LTV pulling out all our original investment and leaving us with a cash-flowing asset rented at £910 per month resulting in a 7.8% yield.