Projects

Refurbishment & Repositioning

A selection of projects delivered by Broad Property — acquired, refurbished and repositioned across Greater Manchester and the North West.

Bolton — 3 Bed Terrace before
Before
Bolton — 3 Bed Terrace after
After

Project 01

Bolton — 3 Bed Terrace

Purchase Strategy
Acquired below market value from motivated vendor
Works Completed
Full internal refurbishment, new kitchen, bathroom, flooring, redecoration throughout
Outcome
Repositioned as long-term family accommodation
Purchase Price
£120,000
Refurbishment
£25,000
End Value
£185,000
Rental Value
£1,150 pcm
Salford — 2 Bed Apartment before
Before
Salford — 2 Bed Apartment after
After

Project 02

Salford — 2 Bed Apartment

Purchase Strategy
Portfolio acquisition from landlord exiting market
Works Completed
Light refurbishment, kitchen update, redecoration, new flooring
Outcome
Let to housing partner organisation
Purchase Price
£135,000
Refurbishment
£12,000
End Value
£170,000
Rental Value
£925 pcm
Manchester — 3 Bed Semi before
Before
Manchester — 3 Bed Semi after
After

Project 03

Manchester — 3 Bed Semi

Purchase Strategy
Probate purchase, vacant possession
Works Completed
Full refurbishment including new heating, kitchen, bathroom and external works
Outcome
Operational family residence
Purchase Price
£160,000
Refurbishment
£32,000
End Value
£225,000
Rental Value
£1,300 pcm