The City Crash Pad
Vauxhall, London
Project Description
Once a studio apartment in the heart of Vauxhall to be converted, remodelled and converted into a 1-bedroom apartment.
Very badly modelled originally, we re-modelled the existing floor plate, and turned this once tired and old studio apartment, into a spacious 1-bed, to include steps leading to a dressing room. Newly upgraded and larger bathroom, and entrance lobby with enough room to have a study area. Open plan living area remodelled for kitchen/dining room and living room, great for entertaining friends and family.
Project Details
Project
The City Crash Pad | Vauxhall, London
Date
March 2015
Skills
Full Refurbishment & Remodelling to Interior. Studio Flat converted to 1 Bed.
Property Type:
Apartment
Purchase Price:
£370,000
Funding Method:
Wayout Property Group
Amount of Investor Funding:
£92,500
Associated Costs:
| Cost of Works | £52,000 |
| Legal Fees | £2,800 |
| Stamp Duty | £11,100 |
| Total Spend (Costs) | £65,900 |
Project Length:
3 Months
Sales Price (refinanced):
£495,000
Sales Fee:
£6,187.50
Profit Issued to Investors: Please contact Wayout property group for further details.
The apartment sits as an investment and is let to Professional City Worker.
The Brief
No 1. – To remodel the entire floor plate.
No 2. – Convert studio apartment into a 1-bed
No 3. – To incorporate a dressing room
No 4. – Open plan living and dining space
No 5. – Colour scheme to be light & fresh
Before
After
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