• Cash invested: £72,000
• ROI: 10.6%
• Gross yield: 7.2%

We acquired this South Croydon property at auction for a figure comfortably under local comparables. That margin gave us room to refurbish without eroding returns.

Our build team stripped the house back to shell, renewed all services, and re-planned the ground floor for modern open-plan living. High-wear areas—kitchen, bathrooms, flooring—were finished to a durable, rental-ready spec.

Because every decision was benchmarked against refinance criteria—energy efficiency, valuation methodology, and rental demand—the surveyor’s post-works visit came in well above the purchase figure. The uplift allowed us to refinance, recover almost all capital outlay, and retain a profitable, income-generating asset with minimal equity left in.