In December 2019, we purchased four 1-bedroom flats for £260,000, funded through Vida Homes. After a light refurbishment costing £20,000, the flats generated a rental income of £26,500 per year. The property was sold in July 2020 for £425,000.
56 Eastfield Road
- 4 Bedrooms
- 300Sqm
- 4 Bathrooms
Property Timeline
Purchased
Originally 4 x 1 bedroom flats, purchased for £260,000 funded through Vida Homes.
December 2019
Works Commenced
Light refurbishment works commenced costing £20,000
Works Completed & Sold
Now producing a rental income of £26,500.00 per annum. Sold for £425,000