South Norwood, London

A one bedroom residential refurbishment project, within close proximity to three stations and good schools within South Norwood, Hampshire.

Project Status: Completed project
Purchase Price: £73,000

Strategy
Buy, Refurbish, Refinance, Rent (Sold in April 2017)

Key Points
Purchased September 2001
Refurb works started November 2001
Refurb costs circa £23,000
Revalued at £98,000 in 2002

Rental income £1,100 pcm

Sold for £235,000 in April 2017