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Murray Property Holdings - Invest in Property - Wealth - Investments - Scotland
Murray Property Holdings - Investing in Property - Scotland - Glasgow - Edinburgh
Asset Back Investments by Murray Property Holdings - Glasgow - Scotland - Edinburgh

2 Bedroom Flat

(Converted from 1 bedroom)

Johnstone, PA5

Total Deal Cost = £41,898

ABOUT THE PROPERTY

Dimity Street, Johnstone - Property Flip Project Case Study
Property Investment with Murray Property HOldings
Property Investment Earn as you learn

New Valuation £62,000

Description

This 1 bedroom flat is spacious and bright and located in the busy commuter town of Johnstone, Renfrewshire and was sourced direct to vendor and converted into a 2 bedroom property to maximise profits.

Area profile
Brochure

Brochure still available – click the button above!  Area profile no longer available.

Deal Outlays

  • Deposit:
  • Refurbishment Costs
  • Stamp Duty
  • Legals
  • Sourcing Fee
  • 25,000
  • £13,400
  • £0
  • £998
  • £2,500

Total Capital Employed: £42,896

Total Deal Cost: £42,896

With a 12-week period from keys to complete renovation (including building warrant approval) we quickly and easily turn this flat into contemporary chic
NOW RENTED OUT AT £650PM REFINANCED AT £85,000

Features

  • 2 Bedrooms
  • On Street Parking
  • Ideal Commute Location

Deal Details

  • Purchase Price
  • Home Report Market Value
  • Sold Price
  • £25,000
  • £62,000
  • £74,000
  • ROCE (87.83%)
  • £31,104

Location

Dimity Street in Johnston case study for a property investment