View before and after

62 Queensborough Gardens

The client purchased this to eventuality live in himself when he returns to Glasgow from working overseas in 4 to 5 years. We put the refurbishment out to tender and once the preferred quote was signed off, full refurbishment was completed with 10 weeks. The finish and specification was exceptional, resulting in the rental achieved being over and above the initial forecast for the rental on an unfurnished basis. It also added significant capital value, with a day one profit of £41,150.

2 Bedrooms | 1 Bathrooms
Purchase Price £325,000
ADS £0
LBTT £5,850
Refurbishment £48,000 (inc VAT)
Furniture Package £0
Total Cost £378,850
Rent per month £1,650
Rent per annum £19,800
Gross Yield 5.22%
Capital Value £420,000

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