This property, with extensive refurbishment and interior design,
has uplifted considerably in value…
Bought: March 2000
Currently let on a corporate tenancy
8/58 Hyde Park Gate,
London, SW7
k
debt
535.5
purchase equity
59.5
purchase price
595
project costs
150
end/sale value
900
profit or gain (net)
155
return on investment
74%
Another classic refurbishment project in a sought-after location, this has produced a very good return on investment. Available to magenta at a discounted price, hyde park gate was assessed to be a suitable project and an extensive refurbishment and complete redesign was undertaken. The resulting stylish, modern and spacious apartment was let to ‘blue chip’ corporate tenants on completion. It has exceeded our initial forecast return.