Project Type: 6 Bed HMO Conversion
Purchase Price: £145,000
Refurbishment Cost: £110,000
End GDV: £390,000
18 Leafield was a full-scale HMO conversion project located in Darlington, acquired with the aim of creating a high-performing rental asset for our client.
The property was transformed into a premium 6-bedroom HMO designed to maximise rental demand, monthly income, and long-term capital growth. Through careful planning, a full refurbishment programme and a clear refinance strategy, the project was delivered from acquisition through to rental completion within a rapid 20-week timeframe.
Once complete, the property achieved an end GDV of £390,000 and was fully tenanted, generating £4,140 per month in rental income.
Delivered through our complete end-to-end investment service, this project achieved a full 100% return on investment for our client. This meant they were able to recycle their funds into another project with our team, allowing them to continue scaling their portfolio and building long-term cash flow and equity.
What We Delivered
- Bespoke property sourcing
- Investment strategy and portfolio scaling
- Specialist mortgage and refinance support
- Full refurbishment and project management
- Tenant sourcing and rental setup
- End-to-end investment guidance
18 Leafield is a strong example of how the right deal, strategy, funding and delivery team can turn a single property into a powerful income-producing asset while helping investors scale their portfolio efficiently.
