Piedmont Road, London
This project received a total investment of £130,000 (including deposit) to renovate the property throughout, creating a practical and contemporary four bedroom family home near the new Crossrail Line in south east London. The cost of renovation was £15,000. The purchase price of the property was £370,000 and it has been valued recently at £425,000. Currently the property commands £1,400 per month rental income – that is a net cash flow before tax of £500 per month.
Investment details
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Initial Investment
£130,000
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Return on Investment *estimate
30%
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Rental Yield *estimate
5%