Renovation of Residential House in Aberdare, Wales, UK
Residential House in Aberdare (Wales, UK)
Purchased at auction, the house was uninhabitable in poor condition. The house has been completely renovated into a beautiful family home. The living area of the house is 190 sq. meters. It features a spacious living room, roomy kitchen, 5 bedrooms, and 3 bathrooms.
Figures (in GBP)
House purchase £ 150.000,–
Sourcing fee £ 3.600,–
Stamp Duty £ 6.000,–
Renovation costs £ 78.000,–
Garden landscaping £ 4400,–
Selling costs £ 4200,–
Total £ 244.200,–
Appraisal value £ 305.000,–
Profit:: £ 60.800,–.
Project: Renovation of Holiday Home in Southern France
Holiday home for 8 people, situated on 1.1 hectares of land. The house has been renovated, and a new pool of 5 x 10 meters has been built. The house is used for luxury vacations for those seeking peace and privacy. It’s also utilized by our company for inspirational gatherings.
Figures (in Euros)
House purchase € 141.000,–
Purchase costs € 12.000,–
Renovation € 60.000,–
Pool construction € 62.000,–
Furnishing € 25,000,–
Total investment € 300.000,–
Appraisal value € 415.000,–
Yearly rental income € 38.000,–
Annual expenses € 15.000,–
Result: € 23.000,–