On some occasions Eastbank will pursue projects for merely trading purposes.  There are a number of projects upon which we have embarked which have returned good profit margins in a remarkably short period of time.  These properties have been purchased because of their profit potential.

Financial Details

15 Leamington Road Villas	Sale proceeds		£2,375,000
	Costs Purchase price Refurbishment costs Bank int. and charges Fees and misc.	£2,150,000 £0 £0 £54,979	£2,204,979
	Gross profit Investors' profit		£170,021 £85,010
	Time period		2 months
25 Disraeli Road	Sale proceeds		£315,000
	Costs Purchase price Refurbishment costs Bank int. and charges Fees and misc.	£175,000 £18,455 £3,237 £15,808	£212,500
	Gross profit Investors' profit		£102,500 £51,200
	Time period		3 months
17 Baxendale Street	Sale proceeds		£355,000
	Costs Purchase price Refurbishment costs Bank int. and charges Fees and misc.	£285,000 £11,597 £6,505 £18,556	£321,844
	Gross profit Investors' profit		£33,156 £16,578
	Time period		1 month
180D Westbourne Park Road	Sale proceeds		£357,000
	Costs Purchase price Refurbishment costs Bank int. and charges Fees and misc.	£289,000 £0 £815 £19,391	£309,206
	Gross profit Investors' profit		£47,794 £23,897
	Time period		2 months
93 Caledonian Road	Sale proceeds		£642,500
	Costs Purchase price Refurbishment costs Bank int. and charges Fees and misc.	£510,000 £0 £11,766 £39,592	£561,358
	Gross profit Investors' profit		£81,142 £40,571
	Time period		3 months
33 Lyttleton Road	Sale proceeds		£316,000
	Costs Purchase price Refurbishment costs Bank int. and charges Fees and misc.	£200,000 £0 £4,906 £22,509	£227,415
	Gross profit Investors' profit		£88,585 £44,292
	Time period		4 months