PROJECT – 2 Hazel Close, Porthcawl

LOCATION

2 Hazel Close
3 Bedroom Bungalow
Standard Construction

Acquisition Figures

Purchase Price: £185,000
Refurbishment: £50,000
Buying/Selling Costs: £8,000

Exit Figures

Resale Price: £315,000
Profit: £55,000

This property is situated in Porthcawl, South Wales. The property was a repossession and in a tired condition. It also had an attic conversion that is not up to regulations. We completed a dormer bungalow extension on this property to increase the space and also completed a full refurbishment throughout which included electrics, gas, new kitchen, new bathroom, plastering, redecoration and flooring throughout. and needed modernisation throughout.