ROI: infinite (based on Net Rent @ 0.70% of Gross/ 25% PP + refurb)
This property is located within Beeston Nottingham, it’s a short distance to Nottingham City and the new Tram line has been built close by making access to amenities even better.
This property was built circa 1900. We have adapted it to create 6 lettable rooms 3 of which have en suites, we did that by adding an additional level and adding a dorma to really take advantage of as much roof space as possible.
This was sourced through a local estate agent, the advert had gone stale which is why we managed to scoop it up for such a bargain, after refinance we will have pulled all of our money out of this deal so the true ROI is infinite.