State of the property when bought it:

• Issue with electricity;

• rising damp;

• leaking roof;

• no floor in the bathroom;

• floor damaged  in a kitchen;

• kitchen failing apart;

 

Work completed to the property:

• fixed the dump;

• roof repaired;

• new kitchen fitted;

• new flooring in a kitchen;

• house painted;

• bathroom refurbished;

• new flooring tiles and shower screen;

 

Timescale:

• all building works took 4 weeks;

• rented out one week after completing all building work;

 

Numbers:

Purchase Price £53 000

Cost £5 000

Value £75 000

Rent £500