54 Railway Road
Purchase Price: £77,000
Refurbishment Cost / Fees: £65,000
Commercial Valuation: £140,000
Mortgage @ 75% LTV: £105,000
Money left in Deal: £37,000
Rent (6 rooms @ average £350pcm per room) = £2,100 pcm
Mortgage, Bills and Management = £1,100 pcm
Profit = £1,000 pcm
Take a look through the Before and After pictures:
