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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