Fairview
London
4 Bed – Executive Buy to Let
Purchase Price £590,000
GDV £892,000
ROI 7%
A typical Edwardian Semi-detached that required full modernisation. It has a great footprint high ceilings and much bigger than the usual semi found in this area. This project involved the whole team.
Located between two stations with direct links into London and in several catchment areas. It was such fun doing this project. A bit of a splurge adding the large island in the kitchen but the beautiful piece of granite has really made this space pop.
The ROI is lower than normal, however the equity uplift compensated for this.
The Works
- Full planning and Party Wall agreements
- Removal of chimney breasts and installing steels for support
- Removal of the back of the existing ground floor wall, and installing steels to create a large rear extension for a large kitchen/diner/snug
- Side Extension to create downstairs toilet and utility room
- Taking half of the garage and converting to an office
- Full Back to Brick strip out
- All new plumbing and electrics
- Installation of underfloor heating to the ground floor
- New flooring throughout and full decoration
- All new windows
- New family bathroom
- Adding an ensuite to the loft bedroom
- Installing wooden plantation shutters throughout
