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% |