2 bed house with loft store room - Pegasus Property Group

Under renovation

This property is located in Butt lane part of Stoke-On-Trent.

It is on a few boarders, such as newcastle under lyme also cheshire but sits within Stoke council perimeter

The client approached me excited he was on the way up to sign for a pre auction property and wants me start the work soon as purchased.

We are the best in the city at what we do of course we obliged as i saw how i could ad potential to increase the investors value.

The investor was looking to create as a 3 bed family home by utilising the loft as legal room

WHAT WE DID ?

We saw even more potential converted this into a 4 bed family home by reconfiguring the house, moving the bathroom and getting the loft signed off.

 

Lets talk about this property

 

Numbers….

PURCHASE PRICE: £65,000

RENOVATION COST: £52854 inc vat

GROSS RENTAL PA: £9000

End Value – Initially client anticipated 120-125k

We pushed the street value up 

Revaluation came in at £140,000

CHECK OUT THE BEFORE AND  PHOTOS