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TOLWORTH RISE, SURBITON

TOLWORTH RISE, SURBITON

Purchased distressed three bedroom semi-detached property, prior to repossession from lending bank. Full refurbishment of house including bathroom, kitchen and all floor and wall finishes.

ACQUISITION: £360,000

DEVELOPMENT COST: £53,499

GDV: £495,000

NET PROFIT: £81,501

ROI: 19.7%

* Gross Development value

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