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HOT PROPERTY DEALS. Croydon. Croydon. PP including works - £1.1m Looking for JV partner(s) – need around £464k Convert to 29 bed HMO (over 2 phases) Gross rents: £132k pa Uplift in value to £1.3m and approx 50% of capital repaid at phase 2
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Croydon • PP including works - £1.1m • Looking for JV partner(s) – need around £464k • Convert to 29 bed HMO (over 2 phases) • Gross rents: £132k pa • Uplift in value to £1.3m and approx 50% of capital repaid at phase 2 • Eventual exit: convert to flats with further value uplift • Contact Mark Lloyd 07703 189658
Manchester • PP including works £425k • Looking for JV partner(s) – need around £160k • Existing 14 bed HMO – run down • Gross rents - £62k pa • Uplift in value post works estimated to £590k • Eventual exit: convert to flats with further value uplift • Contact Mark Lloyd 07703 189658
4 bed detached house in Oxshott Surrey Distressed - needing complete makeover & extension Quiet cul de sac -sizeable plot backing onto open fields Secured for £775k Construction work & costs covered by 2nd partner JV Investor funding of £235k needed for purchase Resale value – circa £1.2 million Contact Richard Simmons 0789 4645181
2 bed semi detached in Claygate, Surrey Available at £320k Distressed – needs gutting & total makeover Refurb cost £30 - 40k Quiet cul de sac 10 mins walk to station – Waterloo 2 doors away recently sold for £410k Looking for JV partner - £125k Contact Richard Simmons 0789 4645181
