Strawberry Hill, Salford
Strawberry Hill was one of our first projects. It is situated a stones throw from Salford University making it the best accommodation for any Salford Uni Student. This property was purchased through a fellow sourcer, have a look at the numbers below! With a 85% LTV Mortgage in place, this is one cashflow generating machine which we are proud to have as part of our portfolio.
The Numbers.
| Purchase price | Construction Cost | Gross Rent PA | Net Rent PA | Money Left in | ROI | |
|---|---|---|---|---|---|---|
| £116,500 | £69,000 | £32,100 | £19,535 | £36,750 | 52.66% |
Its all about teamwork.
We have a great team in place that allowed us to complete the project quickly and to the highest of standards. Due to the quality and location of this property, it is very difficult to have a moment where it is empty! Like the rest of our properties, it is in high demand meaning new tenants are in as fast as old tenants are out.
Existing Floor Plans
Proposed Floor Plan
The New Normal?
3D Tours…
Due to these unprecedented times, we have actioned 3D tours to be completed throughout our portfolio. Some people dont have the opportunity to physically view a property, 3D tours allow those individuals to feel what the house is like from the comfort of their own home! Click on the button below to ‘virtually’ walk through Strawberry Hill…