Two Bedroom Case Study
The Costs
Purchase price £800,000
Refurbishment £96,718
Lease extension £80,000
Total capital investment £976,718
Total investment cost £1,065,581
Returns
The prime location, well managed block and excellent outside space, combined with the contemporary finish to a large flat meant that numerous offers were received very quickly. The landlord selected a corporate let to Shell for a rent of £1,075 per week.
This provides a net return, before finance costs, of 4.3% of the capital investment (5.7% gross).
This case study is for illustrative purposes only, certain immaterial details have been altered in the interest of client confidentiality.
