Hestia Home Development

Development Management: Magdalena Skinner
Interior Design: Hestia Home Development
Lettings & Management: Hestia Estates Ltd

Gross Area: 687 sq ft of residential space

The property was purchased in September 2012 for £235,000.00 as a terraced house with two unconsented flats.

A comprehensive refurbishment of the ground floor flat (335ft2) was carried out at the end of 2014 and the flat is now under offer at £275,000.00.

The first floor flat (352ft2) is on the market for £205,000 and is expected to sell for £200,000.00.

This will represent a profit after costs of £175,000.00 on an initial equity investment of just £65,000.00 and an annualised ROI of 44%.