This was a property purchased in 2020 with intention of obtaining planning permission and splitting property into 2 flats, where each flat is then operated as a luxury HMO. Property is situated in one of the most desirables places to live in Birmingham for young working professionals (few mins walk to renowned Moseley village)
Purchase price : £420,000
Refurbishment costs: £210,000
GDV: £850,000
This property was purchased in 2018 and underwent full internal rip out and renovation to create a luxury product for yound working professionals.
The location was chosen due to very high public transport connectivity (including Birmingham city centre, Birmingham Airport, Solihull town centre, Heartlands Hospital).
Purchase price : £150,000
Refurbishment costs: £67,000
GDV: £320,000
This property was the first investment in 2011 and has been owned ever since.
Purchase price (2011): £82,500
Refurbishment costs: £5000
GDV: £140,000
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