Warkworth – 20 Bridge Street
Completed investment property project in North East England
Project Overview
This project involved the acquisition and refurbishment of a residential property in Warkworth. The property was upgraded to a high standard and successfully repositioned as both a short-term let and long-term rental opportunity.
Financial Breakdown
Investment Details
- Purchase Price: £200,000
- Refurbishment Cost: £31,000
- Total Investment: £231,000
- End Value: £350,000
Rental Performance
- Short-Term Rental Income: £5,000 per month
- Buy-to-Let Income: £1,750 per month
Strategy Used
- Property refurbishment
- Short-term let setup
- Long-term rental option
- Capital growth focus
Results & Outcome
This project delivered strong capital appreciation alongside excellent rental potential. The property now performs successfully as a high-yield short-term let, with flexibility to convert to a traditional buy-to-let if required.
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