Plessey Road

21% ROI

Previously poorly maintained by bad tenants, we took this home and gave it the modernisation it deserved. This allowed us to increase the rent by 112%, creating an excellent return on investment.

North East England
Completed 2023

Project Gallery

See the dramatic transformation of this property through our before and after galleries. Click either section below to view the full gallery.

Plessey Road Before Renovation
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B
Before Renovation

8 photos showing the property before our renovation work began.

Plessey Road After Renovation
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A
After Renovation

7 photos showcasing the stunning transformation after renovation.

Project Details

Overview

This property was a challenging renovation project that required significant modernization. The previous tenants had not maintained the property well, leading to deterioration in many areas. We saw this as an excellent opportunity to transform the space and create significant value.

Our team completely renovated the interior, updating all fixtures and fittings to modern standards. We focused on creating bright, open spaces with high-quality materials that would appeal to the rental market in this area.

The result was a stunning transformation that allowed us to increase the rental value by 112%, creating an exceptional return on investment of 21% per annum.

Project Specifications

Property TypeResidential House
LocationNorth East England
Project Timeline3 months
Total Investment£31,000
Rent Increase112%
Annual ROI21%

Scope of Work

Interior Renovations

  • Complete kitchen remodel with new appliances and fixtures
  • Bathroom renovation with modern fixtures and tiling
  • New flooring throughout the property
  • Complete redecoration of all rooms
  • Updated lighting fixtures throughout

Property Improvements

  • Updated electrical system to current standards
  • Improved insulation for better energy efficiency
  • Garden landscaping and outdoor space improvements
  • New double-glazed windows throughout
  • Enhanced security features

Results & Returns

21%
Annual ROI
112%
Rent Increase
3
Month Turnaround

The Plessey Road project showcases our ability to identify undervalued properties and transform them into highly profitable investments. With a focus on quality renovations and market-driven improvements, we were able to achieve an exceptional 21% annual return on investment.

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