SPI Joint Venture
Refurbishment
- Painting and decoration of the house.
- A new kitchen.
- A new ensuite bathroom had to be installed.
- The bathroom downstairs had to be upgraded.
- The kitchen had to be re-piped and re-plastered.
- The garden had to be cut down and tidied up.
- New electrics were installed in the two bedrooms upstairs.
- New windows through-out the property.
- New carpets through-out.
- New windows through-out the property.
PROJECT DETAILS
SPI Joint Venture: Buy-Refurbish-Sell project
Central Reading, Berkshire RG1
Description: It is a two bedroom, two bathroom house in a highly central location in Reading.
JV agreement: The investor puts in all the monies and hosts the mortgage and SPI manages the project from start to end. The profit from the sale of the property is split 50% – 50%.
SPI Joint Venture
Before
The old kitchen
The old kitchen and entrance to the bathroom at the back.
The space where the old kitchen was removed.
SPI Joint Venture
Before
The old dining room
The old bathroom
The old bathroom
SPI Joint Venture
Work in progress
The old dining room
The old bathroom
The old bathroom
SPI Joint Venture
After
New Kitchen
New Kitchen
SPI Joint Venture
After
New Kitchen
New Kitchen
SPI Joint Venture
After
New Bathroom
New Bathroom