object type
Renovation project
housing units
three 3-bedroom homes
location
Blaenavon, Wales
RETURN
Est. 22% gross profit
Caddick Building
Blaenavon
Commencement: December 2020
Completion: Q3 2025
A former workshop, office, and storage space in the historic town of Blaenavon, Wales. Situated opposite the former ironworks and near the Big Pit Coal Museum. After obtaining the necessary permits, permission has been granted to convert the spacious property into three 3-bedroom homes.
Key figures
Land purchase price: £129,000
Renovation cost: £290,000
Est. market value: £575,000
Added value: £141,000
Estimated buyer costs: £141,000
Sales profit: £575,000
Why is renovating properties a smart investment?
Renovating properties is a smart investment move, because it increases property value, attracts better tenants or buyers, and aligns with market trends. Renovation projects offer flexibility and promote sustainability through the reuse of existing structures. Overall, renovating real estate is a lucrative opportunity for investors aiming to maximize returns and contribute to urban renewal.
Get in touch with us
Caddick Building is not available anymore. Are you interested in similar real estate projects? Feel free to contact us. We are happy to tell you about the exciting opportunities that British real estate has to offer.