Pre Refurbishment on a Guaranteed Contract Buy to Let

Many times we are asked why is the price of this property is XYZ so high. Investors look on Rightmove and see prices but neglect to look at the condition of the property. There are countless times, properties need full rewires…have damp….need a damp course plus new boilers. Refurbishing properties cost us a lot of money and must meet the standards set forth by the Home office in order to pass the property inspections.

The following pictures are examples of the condition of a property at turnover.