Project
Cranham Rm14
3 Bed, 2 Bath Semi: London
Completed 2018
Project Summary
Dated London Semi, extended and renovated inside and out
This project involved converting a dated three bedroom, semi detached London property into a desirable, high spec family home . Purchased for £235,000, we spent £74,000 on refurbishing the property (including finance and legal costs). We were able to refinance this property twice to release funds to provide the deposit, purchase and refurb costs on a further two properties. It was sold for £495,000 in 2018, making a total profit of £186,000 after costs giving an ROI (return on investment) of 136%.
QUALITY DESIGN & FINISH
We utilised permitted development to extend this property, adding a 6m single storey extension creating a spacious open plan kitchen/diner and utility room. This helped maximise the square footage of the property and combined with the high quality finish, ensured we got the best resale price and ROI.
Fundamentals
High Demand
Capital Growth
Before and after
the work
HOW WE ADDED VALUE...
– Single story rear extension to create open plan kitchen/diner/living space and utility room with butler sink
– Front porch
– Ensuite to master
– Rewire and new heating with under floor heating system
– New windows and doors
– New high spec kitchen and bathroom
– Renovated throughout
– Front and rear garden landscaped.