Funds for Property Purchase & Renovation
Funded: £66,000
Location: Andrews Road, Kent
Property Type: Residential
Funds For: Renovation
Timeframe: 7 Days
Our client purchased the property in May 2015 for £133,000. Lowry Capital provided a loan of £66,000 which was used towards the purchase and renovation costs. The property sold in January 2016 for £300,000, netting our client over £80,000 in profit after all costs.
This is a great example of how our bridging finance fund can be used to purchase and renovate a property quickly in order to achieve a very healthy return.
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