We were asked to manage this 3-bedroom, semi-detached property on behalf of a corporate client. A RICS valuation was undertaken, and the property was established as unmortgageable in its current condition.
Thereafter, we worked closely with local estate agents and surveyors to discuss options to improve the property and provide a preferable outcome for our client.
On completion of the refurbishment works, the property was valued at £210,000, which is 38% more than the original valuation. The final renovation cost was £25,000.