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Aaron2343
New Member
Hi All,
I’ve recently finished a full refurb on a property, we bought it for £93,750 and it has now been valued at a sale price of £145-£150,000, with the potential rental income of £625/£650 pcm. We will have spent roughly £15,000 on renovation costs once the final touching up has been completed.
We’re in two minds what we should do with it, should we look at renting it out or sell it?
Either way we are looking at moving onto another project afterwards.
Your advice would be much appreciated as this is our first project.
Thanks
Aaron
I’ve recently finished a full refurb on a property, we bought it for £93,750 and it has now been valued at a sale price of £145-£150,000, with the potential rental income of £625/£650 pcm. We will have spent roughly £15,000 on renovation costs once the final touching up has been completed.
We’re in two minds what we should do with it, should we look at renting it out or sell it?
Either way we are looking at moving onto another project afterwards.
Your advice would be much appreciated as this is our first project.
Thanks
Aaron