Current LLP Project Summary

Field

Detail

Project Name

Barry Flat LLP – Project 002

Property Address

100 Kingsland Crescent, Barry, CF63 4JX

Property Type

2-bed leasehold flat (original 1-bed)

Purchase Price

£50,000

Refurb Budget

£9,000 (actual spent: £8,147)

Other Costs

£3,700 (legal, SDLT, holding costs)

Total Spend to Date

£61,147

Expected Rent (PCM)

£850 (agreed with council)

Gross Yield

16.2%

Completion Timeline

21 days (May 2025)

Current Status

Tenanted (Council lease started 1 July 2025)

Lease Term Remaining

62 years (extension pending)

Latest LLP Bank Statement

June 2025 Statement

Cumulative Financial Summary

Running LLP Balance – £12,884.55 (as of 01 July 2025)

Timeline Quick View

Date

Milestone

09 May 2025

Keys received

10 May 2025

Refurb started

30 May 2025

Refurb completed

01 July 2025

Tenant moved in (Council Let)

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