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58 Breinton Road, Hereford

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58 Breinton Road, Hereford

Use Type & Location

Timescale & Purchase Structure

Timescale & Purchase Structure

Conversion of C3 Dwelling house into C4 HMO   


Whitecross, Hereford – 10 Minutes from City Centre   

Timescale & Purchase Structure

Timescale & Purchase Structure

Timescale & Purchase Structure

5 Months – Completed– Project Completion August 2022


Joint Venture under SPV with an existing Investor   

Financials

Timescale & Purchase Structure

Financials

Purchase price: £260,000
Procurement Cost: £17,200 (Inc SDLT)
Build/Refurb Cost: £165,000
Total Investment: £442,200

Results

Appleton Asset Management has agreed commercial Finance Post Refurb on the property of £450,000. The building will be retained and rented out, producing over £48k gross income PA.  

Before...

After

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