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Our Properties
Dodds St, Darlington

Dodds St. is a three-bedroom terraced property with two reception rooms that we purchased in 2019. It took just two months to complete a full refurbishment of the property. Our local agent marketed the property, and they had a tenant within 24 hours.
Below you can see the figures for this deal; we were disappointed with the revaluation, which unfortunately fell during the turmoil at the end of 2019. However, a 12% return on the capital we have left in the property is still a success.
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Purchase Price: £50,000
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Refurbishment Spend: £11,200
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Project Management: £5,400
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Finance and Legals £2,660
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Other Fees £620
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Total Spend £69,880




Before
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Value Post Refurbishment: £67,000
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Capital Left in: £19,630
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Monthly Rent £425
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Net Income £195
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ROCE 12% PA
After






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