1 / 13IN PROGRESSA discounted ex-council flat bought at auction in Putney, SW15. We're merging the old separate WC and a redundant boiler cupboard into a second bathroom, relocating and upgrading the heating, rewiring the whole flat, and replacing every worn finish, all without touching a single load-bearing wall.
THE NUMBERS
Purchase Price£265,000
Refurb Cost£40,000
Total Invested£305,000
Projected Valuation£450,000
Projected Equity£145,000
Monthly Rent£2,500
Gross Rental Yield6.7%