object type
Renovation
housing units
9 apartments
location
Carlisle
RETURN
9,9% gross yield
Railway Inn
Carlisle
Commencement: October 2022
Completion: March 2025
In the northwest of England, in the city of Carlisle we are transforming this former pub/guesthouse into 9 apartments. This is a Joint Venture with Right Track Property Investment.
Key figures
Purchase price: £265,000
Building cost: £286,000
Est. market value: £850,000
Added value: £299,000
Est. buyer costs: £3,750
Rental income: £55,000
Why is renovating properties a smart investment?
Renovating properties is a smart investment move, because it increases property value, attracts better tenants or buyers, and aligns with market trends. Renovation projects offer flexibility and promote sustainability through the reuse of existing structures. Overall, renovating real estate is a lucrative opportunity for investors aiming to maximize returns and contribute to urban renewal.
Get in touch with us
Railway Inn is not available anymore. Are you interested in similar real estate projects? Feel free to contact us. We are happy to tell you about the exciting opportunities that British real estate has to offer.