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  • MarketPlace

    Levenshulme title split & comestic refurb. JV

    I have a property of 5 flats on 1 freehold in Levenshulme that I am considering refurbing and then title splitting to sell on as 5 flats to investors or first time buyers. I would like to do as a JV, releasing some funds out before the project starts, as the LTV is only 48%. Remortgaging means ties in redemption fees. Property is valued at £450k at the moment, sales price on a £66k refurb., title split and sales costs would release profits of an additonal £76k.

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    Hi Hattie,


    I'm interested. Get in touch at jwackah@hotmail.com

    Thanks

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