FOLLY AVENUE
BACKGROUND
Location: St. Albans
Project Type: Buy Refurbish Refinance Rent
Status: Completed
The first project of Brooke 5 Properties in 2020. The property was in a sorry state with no central heating and a hoarder as its last occupier.
It underwent a back to brick refurbishment with a loft conversion added and external landscaping to bring it back to life.
The refurbishment and added square footage helped drive up the value and allowed Brooke 5 to pull out more equity on this buy and hold project.