The property comprises mid-terrace house arranged over ground and first floor. The property benefit from large garden at front and rear access. Total area size 93 sq m (1,001 sq ft).
Schedule of Work:
Development commences after completion of contract. Investor would have to pay 50% payment of build cost, invoiced directly with weekly build updates. The second 50% payment is due halfway through. The furniture pack and developers profit is paid out at the end.
Average development completion time is 8‐10 weeks from reservation.
The property will be fully tenanted with working professionals within 3‐4 weeks from development completion.
Investor would be able to re-mortgage immediately on completion of property through the developer’s broker.