Flipping a house for £100,000 profit | 2 to 4 bed conversion in Birmingham
November 5, 2020
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25:05Now PlayingFlipping a house for £100,000 profit | 2 to 4 bed conversion in Birmingham
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Flipping a house for £100,000 profit | 2 to 4 bed conversion in Birmingham. Get FREE Tickets to ONLINE TRAINING SESSION with Samuel Leeds
Last year I invested in a house flip in Birmingham as part of a joint venture with my good friend, Saj. The house was a small run down 2 bedroom terraced house, it is now a large 4 bedroom luxury family home.
The property was bought for £150,000 and the development cost of the refurbishment came in at £130,000, just £10,000 over budget. I personally invested £270,000 into this project.
The end value is over £380,000, which means there has been a profit uplift of £100,000.
I documented the details and journey of this Birmingham fix and flip project so you can learn along the way:
Please also check out Saj's channel
🎥 How to build a property portfolio from scratch in 7 DAYS
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