Property 7 was purchased on the open market for £52,000 back in December 2021, the original home report value was £75,000.

The two bed, first floor flat had lay empty for some time due to the passing of the owner. The ex-council flat was dated, but the general condition was good.

We passed off the property to the letting agent to manage a full refurb, complete with new insulation to all external facing walls as well as the attic, a full re-wire, and a new gas central heating system to replace the inadequate storage heaters. The property was fitted with a brand-new kitchen, bathroom, carpets, and internal doors improving the overall EPC rating. We refinanced at £90,000 but at 65% Loan to Value to do the property being an ex-council flat.