Full Gut Refurbishment of 1970s Detached for Resale in Cheshire
£525,000 · 11 months · 0.96% pm. A developer purchased a dated 1970s detached house on a premium Cheshire road in need of complete internal and external refurbishment, including a new roof, windows, heating system, ki...
The Client
Developer
The Challenge
A developer purchased a dated 1970s detached house on a premium Cheshire road in need of complete internal and external refurbishment, including a new roof, windows, heating system, kitchen, bathrooms, and landscaping. The high-value area offered excellent resale potential.
Our Solution
Doulton structured a £525,000 heavy refurbishment facility with four staged drawdowns. The developer used an established local building contractor with a fixed-price contract, reducing delivery risk.
The Outcome
Works completed to show-home standard in eight months. Property sold within two weeks of going on the market at £40,000 above the appraised GDV. Bridge redeemed in full at month nine. Key highlights: Complete internal and external refurbishment funded; Fixed-price contract reduced risk; Sold at £40,000 above GDV appraisal.
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