20 Vermont Street was the second property MCPP acquired in 2020. The poor condition of this property warranted substantial works to be undertaken, including the removal of chimney breasts, building of new bathrooms and substantial structural works.
Works undertaken to the properly included;
– Full re-wire
– Full re-plum
– Re-plaster
– New decor
– New kitchen
– New bathrooms
The works were completed in 3 months from purchase, and had full occupancy just 16 weeks after initial works began.
Upon valuation of property, it was re-valued at 40% above purchase price.
Condition of property on purchase
Property upon completion of works
