Whittlesey, Cambridgeshire

A compact five-unit block acquired for efficient refurbishment and refinance. The strategy focused on rapid stabilisation, capital recycling, and long-term rental income.

Investment Thesis

• Strong local rental demand in a commuter-supported market

• Low acquisition and refurbishment costs

• Clear refinance route post-improvement

Key Facts

• Units: 5 flats

• Purchase Price: £350,000

• Bridging Loan: £302,000

• Refurbishment Cost: £30,000

• Total Project Cost: £380,000

• GDV: £525,000

Value-Add Strategy

• Light refurbishment to improve rental appeal

• Rental optimisation across all units

• Professional management introduced post-completion

Risk Management

• Limited scope of works reduced delivery risk

• Conservative GDV and refinance assumptions

• Strong yield support even under stress scenarios

The property was refinanced at £393,750, allowing the majority of invested capital to be recycled into further acquisitions.

Ongoing Performance

• Net Rental Income: £1,500 per month (£18,000 p.a.)

• Strategy: Long-term hold with scalable repeatability