Edward Street was an early purchase for KPG and our first venture in to the small HMO arena. A purchase price of just £47,000 was secured, a relatively light refurb was carried out and this was rented out on a room by room basis to a group of students. At point of revaluation, this property achieved a figure of £75,000 which was very good for the area and allowed us to pull out 90% of our initial investment and put in to subsequent projects.