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First property development

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  • First property development

    Bought a 2 bed flat for 156k earlier this year, sold it recently for 189k. After renovating costs, legal and agent fees, I'm left with about 19k profit. Is that quite a good return?

  • #2
    Re: First property development

    The fact that you made a return in the current climate is good news.

    The question to ask is whether your time spent was worth the amount of profit you make.