Print 
PDFHigh Income Investment Property Case Study
High income producing investment property
Location: | Essex |
Budget: | £170,000 |
Criteria: | Investor keen to have a high income producing property |
Purchase Price: | £151,000 |
Discount off asking price: | £14,725 |
Net Income Generated: | £1,100 per month |
Refurbishment: | £15,000 |
Revalue: | £190,000 |
Background: | This client had an existing property portfolio, but was keen to find properties that would give a high monthly cash flow. |
Solution: | We were able to source this client a property in Essex on the market for £151,000, and by using tactical negotiation, obtained an excellent discount of £14,725.Following a cosmetic refurbishment costing just under £15,000, this property now brings in a net monthly income of £1,100 per month. The property is now valued at £190,000 and we are in the process of refinancing to enable the client to purchase another property. |