Project: Didsbury 1 bed flat
This one-bedroom flat in Didsbury was Michael's former home. Having purchased it in 2015, it was dated and hadn't had any substantial work completed on it in many years. When the opportunity arose with Michael and Leanne setting up their home together, this property became an ideal candidate for letting due to it's great location close to Didsbury village and tram stop. Prior to the first tenant moving in, the property was fully renovated back-to-brick and was quickly snapped up when marketed.
Before (2015 pictures)
During Works
After
Works
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Internal layout reconfigured to create additional storage
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New electrical installation
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New electric central heating, electric boiler and hot water tank
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Minor structural alterations, including moving of doorways
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New bathroom
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New kitchen
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Replastering and redecoration throughout
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New flooring throughout
Finances
Purchase Price (2015)
Revaluation prior to works (2020)
Works
Revaluation after works (2020)
Equity added
Rental per month
£119,000
£136,000
£18,000
£175,000
£21,000
£750