Friday, 1 July 2016

Property Deal from Midland Property Investments

'We been asked by a number of people what the different kind of property deals we are in involved in. Here is one of our recent ones. If you would like to get involved or learn more just contact us via email on dav.dhallu@gmail.com.

First property venture out of the Midlands. This is a joint venture between the builder and other investors. An office to residential conversion in St Margarets, Twickenham. See the numbers below.




The offices were bought for £410,000. There are two options for this project.
Option 1: one 1 bed room and one 2 bed flat
The build costs will be approx £200,000
Selling price will be approx £800,000
Profit will be approx £190,00 - £200,00

Option 2: three 1 bed room flats
The build costs will be approx £220,000
Selling price will be approx £950,000
Profit will be approx £330,000


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