There is a 4-Bedroom House located at the desired location in Wembley. This house is probate, and the price has been agreed for £499K to be purchased. Once the refurbishment completes, the home’s value will be at a minimum of £670K, and the refurbishment costs, if I do, will be £30K.
However, the additional potential of the house is the land to the side that the value will exceed over £670K+ as the house is semi-detached and currently has a garage with no neighbour next to it, which means that it is going to be a two-story extension to the side. By doing it this way, The profit after all associated costs will be in the region of £170K.
The property is on a desirable road, and the other neighbouring properties are well maintained and good-looking. In addition, the property is freehold and benefits from the large rear and front garden.