🗂️⭐️ Project Spotlight Kicking off our 2024 project spotlight with Project Avenue! 🏡 We took a solid mid-terrace property in Rugby and transformed it into a cozy 5-unit co-living HMO, featuring a mix of studios and ensuites. The location’s prime, just a short hop from the town centre and industrial park—perfect for professional tenants. Plus, with a nice big garden and a garage, it's got all the right elements for great rental income. Key numbers: 💰 Purchase Price: £185k 💸 Development Cost: £158.5k 📈 Projected Commercial GDV: £444k 📥 Net (Profit in Equity): £100.5k 🏠 Gross Rent (PA): £44k 📊 ROI: 18% 💡 Payback Period: 5.6 years Looking forward to seeing where this one goes! Stay tuned for more updates on our projects this year. 📌 If you're interested in investing in property here in Rugby, we're only one DM away 😉 📱 07709073904 📥 [email protected] #hmoproperty #hmopropertyinvesting #hmoproperties #colivingspace #colivingproject #ukpropertyinvestment #ukpropertyinvesting #ukproperty #ukpropertymarket #propertyinvestoruk #propertyinvestors #propertyinvestor #propertyinvesting #propertyinvestment #propertyinvestments #refurb #homerefurbishment #homerefurb #ukrefurbishment #construction #ukconstruction #ukpropertydeveloper #ukpropertydevelopment #ukproperty #propertydevelopment #propertydeveloper #propertydevelopmentuk #propertydeveloperuk #propertydeveloping #propertydevelopments #abacuspropertygroup
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