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104 Birk Street was a residential refurbishment project in Stoke-on-Trent. The property was purchased for £87,000 and underwent a £40,000 refurbishment before being sold for £135,000.
The project demonstrates a simple buy, refurb and sell strategy, improving the condition and value of the property while also showing a recorded rental value of £800pcm, a 7.11% yield and 6.3% ROI.
Purchase Price: £87,000
Refurbishment: £40,000
Total Cost: £127,000
Sold Price: £135,000
Profit: £8,000
Rent: £800pcm
Yield: 7.11%
ROI: 6.3%
Have a question or ready to talk numbers? Reach out for a straight, no pressure conversation. If you would rather read first, download the investor deck and get in touch once you have had a look.
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