Basford - 2 Flats to a 6 bed HMO - Pegasus Property Group

2 Flats to a 6 bed all ensuite hmo also planning for a rear extension

This property is located in basford this is on the boarder of Stoke-on-Trent & Newcastle under lyme and is ideally situated for the retail/executive employee target market and short work to the royal stoke university hospital.

Done up to a very high standard, this is a large 6 bed all ensuite had a back to brick renovation, new roof,major structgural works done also

PURCHASE PRICE: £114,000

RENOVATION COST: £85,000

GROSS RENTAL PA: £34,440

NET RENTAL PA: £15101

ROI: 30.37%

CHECK OUT THE BEFORE AND AFTER PHOTOS

 

REVALUE 225K

Basford – 2 Flats to a 6 bed HMO

by | Apr 7, 2019 | Case Studies | 0 comments