Any quoted investment returns are a guide and for high-net-worth individuals and property investors only. They are not for public promotion and should not be regarded as an FCA-approved regulated investment.
56 Osmaston Road
The project
Our favourite property conversion to date. This development was purchased via Linkedin where the vendor reached out to Sam direct while on holiday in Spain. The Elgie Group secured planning approval prior to purchase, converting this former dental practice into a six-bed, all studio, all en-suite HMO.
The property is now fully let and the tenants cover their own bills, with profits exceeding £2,200 PM.
£160,000
Purchase price
£125,000
Refurbishment cost
£440,000
Current valuation