Pollokshields, Glasgow

Property Details

Location: Pollokshields, Glasgow, G41 1QT
Property Type: 2 Bed Tenement Flat with 1 Bathroom

Scope of Work: –
Complete strip out including floors, skirtings, facings, doors, kitchen and bathroom
Creation of open plan kitchen / lounge
Alteration to master bedroom to form new ensuite and fitted wardrobes
Installation of new floors, skirtings, facings, doors, kitchen and bathroom
Plasterwork and Decoration throughout

Value Added: –
Complete refurbishment
Creation of modern open plan living
Introduction of Ensuite to Master Bedroom
Introduction of Fitted Wardrobes to master bedroom

Key Financials

Purchase Type On-Market
Current Market Value £100,000
Purchase Price £100,000
BMW 0%
Stamp Duty £4,000
Legal Fees £1,000
Deposit £25,000
Total Acquisition Costs £29,800
Refurbishment Costs £19,000
Total Investment Required 44,800
Estimated EMV £140,000
Actual EMV £145,000 (+4%)
Sold £150,000 (+7%)
Net Profit £26,000
ROCE 58%
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