Two bed house in Freemantle, Southampton

This project would receive a total investment of £60,000 (including deposit) to renovate the property throughout, creating a practical and contemporary two bedroom family home. The cost of renovation would be £10,000. The purchase price of the property is estimated at £135,000. Estimated resale value after renovation would be £175,000 with potential equity release of £25,000 for further investment. The property would command a monthly rent of £750 per month rental income – that would be a net cash flow before tax of £450 per month before tax.

Investment details

  • Initial Investment

    £50,000

  • Return on Investment *estimate

    30%

  • Rental Yield *estimate

    7%