Chesterfield BRRR to Social Housing | 2 Bed to 4 Bed Conversion | 706% ROI
• Property: 2 bed house to be converted into a 4 bed social housing unit, including a single storey extension to increase accommodation and rental capacity
• Strategy: BRRR to Social Housing, delivering strong uplift on refinance with secure, long term income
• Provider: Social housing provider already in place, reducing letting and void risk
• Location: Derbyshire, strong demand for supported and social housing accommodation
• Purchase Price: £170,000
• Stamp Duty & Legals: £13,500
• Refurbishment: £52,000 (including single storey extension)
• End Value: £310,000
• Monthly Rent: £3,700
• Monthly Profit: £2,333
• ROI: 706%
A standout BRRR to social housing opportunity in Derbyshire, offering exceptional ROI, a secure income stream and a clear refinance uplift with an operator already lined up.