Every project we complete is published with its purchase price, fees, build cost and end value, so you can judge the work on the numbers.
01 / 03Crewe, Cheshire
02 / 03Campbell Road, Stoke-on-Trent
03 / 03Queen Street, Newcastle-under-Lyme
| Project | 6-Bed HMOCrewe | 5-Bed HMOCampbell Road | 4-Bed HMOQueen Street |
|---|---|---|---|
| Purchase | £120,000 | £100,000 | £110,000 |
| Fees | £9,000 | £7,000 | £7,000 |
| Renovation | £175,000 | £140,000 | £100,000 |
| Total project cost | £304,000 | £247,000 | £217,000 |
| Gross development value | £415,000 | £330,000 | £260,000 |
| Gross profit / uplift | £111,000 | £83,000 | £43,000 |
| Profit on total cost | 36.5% | 33.6% | 19.8% |
| Net cash flow per month | £1,800 | £1,400 | £1,200 |
| Net cash flow per year | £21,600 | £16,800 | £14,400 |
| Profit on total cost = gross profit ÷ (purchase + fees + renovation). Annual cash flow = monthly figure × 12. | |||
All bars share one scale: £415k = full width.
We share new opportunities with our list before they are published here.
