object type
Conversion project
housing units
5 duplex apartments
location
Carlisle
RETURN
£138.000 gross profit
Granville Road
Carlisle
Commencement: 2022
Completion: December 2024
In the northwest of England, in the city of Carlisle, we are undertaking the transformation of this former warehouse into 5 duplex apartments. This project is a joint venture with Sundarbans Properties.
Key figures
Purchase price: £185,000
Renovation: £237,000
Est. market value: £560,000
Added value: £138,000
Est. buyer costs: £1,000
Sales profit: £560,000
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
Granville Road 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.