Caversham Heights
Residential scheme involving the conversion of two flats into a single family home in a desirable area.
Overview
Residential scheme involving the conversion of two flats into a single family home in a desirable area.
- Acquired property originally configured as two flats.
- Full refurbishment and reconfiguration into one family house.
- Repositioned for the local high-demand owner-occupier market.
HEADLINE FIGURES
| Purchase Price | £560,000 |
| Build Costs | £70,000 (conversion and refurbishment) |
| Professional Fees | £30,000 |
| Finance Costs | Included within total cost |
| Total Cost | £660,000 |
| GDV | £825,000 |
| ROI | c. 25% |
| Profit | £165,000 |
SITE
BEFORE
