A local developer passed away leaving an estate including 8 properties. They were all tenanted Buy To Let investments with varying lengths of rental lease remaining. The beneficiaries lived overseas and wanted to liquidate the assets.
The following photos were taken when the property was first valued, and then again once the renovations had been completed.
These photos show the property once we'd completed our renovation works on it.
TOTAL
TOTAL Uplift
TOTAL
+
£617,500
+112.9%
Our experienced consultants prepared detailed reports, including valuations of the properties in their existing condition as well as the potential value if refurbished. We also suggested a marketing strategy, included agent recommendations, and gave renovation ideas supported by the estate agent valuations.
Once the renovations had been finished, the original valuer re-attended to carry out new valuations. The properties were then placed on the open market and sold for a staggering profit.