top of page

JOINT VENTURE

JV

JOINT VENTURE WITH US

​

We enjoy working with like minded Joint Venture partners* and believe in getting to know each other to ensure a good fit for us both. We also think it makes sense to discuss the principles of working together well ahead of starting an exciting project! We will talk through the likely financial scale of the project, timescales and the types of risks that can occur in a property joint venture. We’d love to hear from you so please get in touch if you’d like to chat about the prospect of working together.

*Subject to a FCA PS13/3 compliance check which is in place to ensure your protection.

BUY TO SELL PROJECT

REFURBISHMENT DETAILS

  • Removed wall between two ground floor reception rooms to create open plan lounge

  • All walls taken back to stone from floor to ceiling

  • Rotten floor joists replaced

  • Damp Proof Course added to ground floor

  • All walls and ceilings boarded and plastered

  • All radiators replaced and boiler serviced

  • Full re-wire

  • Upstairs WC layout re-jigged to accommodate a shower cubicle in order to create shower room

  • New kitchen and bathroom

  • New laminate flooring laid throughout ground floor, new carpets on first floor, and vinyl in bathrooms

  • New doors, architrave and skirting throughout

  • Replaced unsafe staircase and bannister

  • Full decoration throughout 

  • All fascias and guttering replaced

  • External walls re-rendered and painted

FINANCIAL DETAILS

Purchase Price = £72,000

Stamp and Legals = £2510

Refurbishment cost = £32,000

 

Sale Price = £135,000

Sale Costs = £3100

 

Profit = £25,390

ROI = 23%

BEFORE

DURING

AFTER

bottom of page