3 Hall Croft

The project

We took this three-bed, mid-terrace with structural issues and converted it into a six-bed HMO complete with a rear dormer.

It is now fully let to a corporate tenant who covers their own bills for £3,300 per calendar month, generating a healthy profit over and above the mortgage and buildings insurance.

£161,000

Purchase price

£135,000

Refurbishment cost

£470,000

Current valuation