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Rayleigh Grove - Gateshead
Location
Gateshead
Date
Oct 2024
Project Type
HMO Conversion
Total Cap Ex
£275,568
GDV
£289,629
Gross Rent PA
£45,300
Net Rent PA
£22,450
ROCE
29.6%
Conversion of existing 3 bed terrace into a 6 bed HMO involving full planning approval for a large rear extension, loft conversion, new roof, back to brick conversion, all new ensuites and chimney breast removal.
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