Northside, Frimley Road, Ash Vale, Surrey – 3 bed rooms (GBP280,000)


Northside, Frimley Road, Ash Vale, Surrey – 3 bed rooms  (GBP280,000)

Northside, Frimley Road, Ash Vale, Surrey – 3 bed rooms  (GBP280,000)

https://www.rightmove.co.uk/properties/75614319#/

Extension work 25m2 – Costs GBP19,000 (Basic Quality Works)

https://www.mybuilder.com/pricing-guides/house-extension-costs

Extension value 25m2 – Market value of extension work

https://www.ons.gov.uk/visualisations/dvc434/calculator/index.html

Go to Government website, you can check the extension value after extension work

The extension market value is  GBP111,775

The net increase value GBP92,775

The market value of return is 31% (It takes 1 month to get extension approval and 1 month for extension done, together with buy and sell , total time frame is 6 months.)

If this work acts for one year, the return will become 31% * 2 = 62% return